The war crisis has hit the metal sector exclusively, with both gold and silver recording downward spirals. While gold seems to be in a recovery mode, silver’s price is also flashing mixed signals, with analysts predicting the next target for silver to aim for and accomplish. What is next for silver in the future? Let’s explore some narratives.
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Silver Price Update: New Developments
The silver price was badly hit as war escalations continue to impact the metal sector. While gold was down significantly from its earlier ATH of $5K to $4.4K, the price of silver was also down, trading at low price thresholds of $70 from $120. Now that the geopolitical unrest has stabilized a bit, the metal sector is now looking forward to seeing new progress, with silver prices aiming for a new direction.
Per Rashad Hajiyev, a leading financial expert, silver price is about to break out of a rising channel, moving towards $90 as its next price target.
“Silver is about to breakout from a rising channel formation. If it manages to break out, then the next technical resistance comes around $90…”
Moreover, another notable analyst, the long investor on X, shared another price update for silver. The expert shared that silver is becoming attractive again, gaining momentum at present.
“I shared this chart on the 26th of Jan, that Silver would hit $120 and complete Wave 3 and pull back to the $70s for Wave 4 next. 4 days later, silver topped out at $121 and is now at $74. Parabolic moves toward strong Fib resistance levels mean you sell, which we did. Now Silver is attractive again.”
What’s Next For Silver
As silver continues to rise up on the radar, Hajiyev has once again predicted a new price level for the asset to claim in the future. Per the expert, the silver price may surge and spike to hit a new high of $300 once it starts to recover with grounded market support.
“The declining cycle in the gold to silver ratio (GTS) that resulted in silver going to a triple digit was initiated in April 2025. Here we are a year later in April 2026. My minimum target for the GTS is 25 in the next declining cycle. With gold price at $7.5k and GTS at 25, silver could be trading around $300…”
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