Silver
price surged to a new all-time high of $95.34 per ounce on Tuesday, January 20,
2026, rising 6.54% as gold simultaneously broke through $4,731, driven by
President Trump’s escalating tariff threats over Greenland that triggered a
massive flight to safe-haven assets. The white metal is outperforming gold on a
percentage basis, extending its extraordinary rally that has seen silver gain
over 185% in the past year.
Macroeconomic
strategist Tom Bradshaw predicts silver could reach $375 per ounce by 2028,
while gold may hit $9,000, warning that the precious metals rally signals not
prosperity but “alarm that the fiat currency system is under enormous
pressure”.
In the
meantime, major banks forecast gold reaching $5,000-$6,000 in 2026, with silver
expected to break $100 as supply deficits deepen. Let’s check
together how high can silver price go and what are the newest gold price
prediction for 2026 and beyond.
“Silver
extends its record-breaking rally, supported by trade and geopolitical
uncertainty as President Trump escalates his efforts to take control of
Greenland,” notes Nikos Tzabouras, Senior Market Analyst at Tradu.com.
Trump
announced plans to impose 10% tariffs on eight European countries, Denmark,
Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and
Finland, starting February 1, 2026, escalating to 25% by June 1 if Greenland is
not sold to the United States.
“The
announcement unsettled European markets and prompted discussions among EU
nations over potential retaliatory measures,” explains Maria Agustina
Patti, Financial Markets Strategist at Exness.
Michael
Brown, Senior Research Strategist at Pepperstone, characterized Monday’s
trading as “predictable” with “European equities
underperforming, havens such as gold in demand, and the dollar facing
headwinds”.
However, Marek
Rogalski, lead analyst at BossaFX, notes “markets reacted schematically to
new geopolitical tensions – friction over Greenland has transitioned into
economic warfare between the USA and the European Union.”
Silver Technical Analysis:
$100 Target as Metal Breaks $95
Silver’s
price opened with a bullish gap on Tuesday, January 20, 2026, rising nearly 6%
and testing $95.50 per ounce. According to my technical analysis, previous
local highs from last week around $93.50 will now serve as new support, which
Monday’s long lower wick on the daily candle already defended.
My earlier ambitious
target of 161.8% Fibonacci extension has been achieved with significant surplus. The
ultimate target now appears to be the psychological $100 level, a milestone
that would represent quadruple-digit percentage gains from 2024 lows.
Why silver is surging today? XAG/USD technical analysis on a daily chart. Source: Tradingview.com
While
finding resistance in the price discovery phase is difficult, identifying
support is much easier. As I show on my chart, key support levels include:
Key Silver Technical Levels
- Current price: $95.34 (new ATH, Jan 20,
2026) - Immediate support: $93.50 (previous week’s
highs) - Support
zone 1: $84 (December 29 highs) - Support zone 2: $72-$68 (large price
accumulation, 50 EMA at $64) - Major support: $54-$47 (October-November
range, 200 EMA at $48) - Psychological level: $50 (round number, aligns
with 200 EMA) - Next
target: $100 (psychological milestone) - 2028 extreme target: $375 (Tom Bradshaw
forecast) - Overextension
risk: 47% above 200 EMA
According
to my technical analysis, silver has distanced itself from the 200-day
exponential moving average by 47%, making any technical or structural
correction more than expected. However, currently pushing prices higher are
uncertainty and risk-off sentiment, so it’s not certain this correction will
occur immediately.
“The
metal is essential to the AI boom and the build-out of data centres, the clean
energy transition, and the defence industry amid rising military budgets,”
Tzabouras explains, highlighting structural demand drivers beyond geopolitical
factors.
Gold Technical Analysis:
$5,000 Next Target, $3,800 Still Bullish
Gold price
rose 3% on Tuesday to $4,737 per ounce, opening with a clear bullish gap in
reaction to the latest political tensions. According to my technical analysis,
Tuesday’s session opened with a pronounced gap up, and historical maximums
drawn in recent days around $4,600-$4,640 will serve as new support.
The key
support level for me remains the zone from October highs around $4,360, which
at this moment almost ideally overlaps with the 50-day exponential moving
average (50 EMA). Gold has also moved very far from the main 200 EMA, which
separates the downtrend from the uptrend.
Why gold is surging today? XAU/USD technical analysis on a daily chart. Source: Tradingview.com
As a
result, gold could fall below the psychological $4,000 level and drop to just
$3,800, and I would still remain a structural bull, using all these declines to buy back. Only a
decline below the 200 EMA would suggest to me that gold may correct much more
decisively.
Key Gold Technical Levels
- Current price: $4,737 (gap-up open, Jan
20, 2026) - New support: $4,640-$4,600 (recent ATH
zone) - Key support: $4,360 (October highs,
coincides with 50 EMA) - Psychological
support: $4,000 (round number) - Bull invalidation: $3,730 (200 EMA – bearish
only below) - Wide support zone: $3,440-$3,270 (structural
accumulation) - Next target: $5,000 (100% Fibonacci
extension, bank consensus) - Distance from 200 EMA: Gold extremely extended,
20% correction possible - Trend status: Bullish since early 2024,
uninterrupted
At the same
time, on my chart I have a wide support zone between $3,440 and $3,270, whose
test would still not be the end of the world, although fundamentally it’s hard
to imagine the realization of such a scenario for now.
A 20%
correction is quite possible, meaning a drop to the 200 EMA, and although this
will probably cause media panic, technically and structurally it will only be a
reaction after the uninterrupted uptrend observed since the beginning of 2024.
“Nonetheless,
gold remains susceptible to volatility as speculative positions build, leaving
it vulnerable to profit-taking following the new highs,” warns Tzabouras
from Tradu.com. “At the same time, the Fed may struggle to deliver multiple
rate cuts amid ongoing macroeconomic uncertainty, which could limit further
strength in bullion.”
Expert Gold Price
Predictions: $5,000-$9,000 Targets
Major
financial institutions and expert analysts have released updated gold price
forecasts for 2026, with
most clustering around the $5,000 level that my Fibonacci analysis targets.
Major Bank Gold Forecasts
|
Institution |
2026 Target |
Annual Average |
Drivers |
|
Goldman Sachs |
– |
Central |
|
|
JPMorgan Chase |
$5,055/oz (Q4 avg) |
– |
“Highest conviction long” bet |
|
JPMorgan Chase |
$5,200-$5,300/oz (peak) |
– |
Strong |
|
Bank of America |
$5,000/oz (raised) |
$4,400/oz |
Persistent inflation, institutional buying |
|
Deutsche Bank |
– |
$4,450/oz |
Reserve diversification (raised from $4,000) |
Goldman
Sachs forecasts gold reaching approximately $4,900 per ounce by the end of
2026, driven by continued central bank purchases. JPMorgan Chase presents an
even more bullish outlook, predicting gold will average $5,055 in Q4 2026, with
potential peaks reaching $5,200-$5,300 per ounce, calling gold their
“highest conviction long” bet due to strong central bank buying and
persistent inflation.
Bank of
America raised its 2026 gold price forecast to $5,000, with an annual average
of $4,400. Deutsche Bank increased its average 2026 forecast from $4,000 to
$4,450 per ounce, citing continued diversification of reserves by central
banks.
Extreme Scenario: $6,000 Per
Ounce
Peter
Schiff, economist and founder of Schiff Gold, predicts gold could reach $6,000
in 2026, particularly in extreme geopolitical scenarios such as escalating
Greenland tensions. Goldman Sachs warns that gold may exceed $5,000 if the
Federal Reserve’s independence is compromised.
The bullish
precious metals forecasts are already reshaping trading infrastructure across
financial markets. Crypto exchange BingX reported its traditional
finance trading product surpassed $1 billion in 24-hour volume, with gold futures contracts alone
generating over $500 million as prices tested record highs
above 4,700 dol. per ounce.
The surge
in gold volatility has forced market participants to adapt quickly: CME
Group switched its margin system for gold, silver, platinum, and
palladium futures from fixed dollar amounts to percentage-based
requirements, while liquidity provider Scope Prime adjusted spreads in response to sustained price increases.
Tom Bradshaw’s $9,000 Gold
Macroeconomic
strategist Tom Bradshaw warned in an interview with Daniela Cambone on ITM
Trading that the gold market is sending signals that have historically almost
always preceded deep economic crises. His forecast is unequivocal: gold
may rise to $9,000 per ounce, and silver to $375 by 2028.
“When
gold changes its value by 38% or more in a year, the American economy
experienced serious economic crises,” Bradshaw explained. “Gold has
reached this threshold in 11 of the last 15 months. Recession may therefore be
inevitable, if it’s not already underway”.
We have kicked the can down the road for too long.
After 16 years of ultra low interest rates and soaring debt, Tom Bradshaw warns the next downturn could rival the 1970s or worse. https://t.co/3qROiyEJO5#economy #gold #silver #money #usd @DanielaCambone pic.twitter.com/dQDotjtyCV
— ITM Trading (@ITMTrading) January 13, 2026
According
to data cited by the expert, a similar pattern was observed before the 1973-75
recession, the double recession of the early 1980s, and before the 2008 crisis
and the European debt crisis of 2010-2011.
“This
is a classic signal of deflationary, not inflationary slowdown. Gold doesn’t
tell us about hyperinflation – only about economic cooling and a sharp drop in
confidence in debt,” Bradshaw compares the current situation to an epochal
turning point.
In 2025,
gold outperformed the S&P 500 by 49%, and silver by as much as 132% – a
rotation of capital from the stock market to metals seen only four times in
history: in 1931, 1971, 2002, and 2025.
You may also like my previous gold and silver price
predictions articles:
Silver Price Predictions:
$100-$375 Targets
Peter
Schiff forecasts silver hitting $100 per ounce by 2026, stating “I think
$100 is a very realistic target for silver in 2026. It could end up being quite
a bit north of that.” In a recent interview, Schiff urged investors:
“Do not wait for a pullback,” emphasizing that silver’s breakout
above $50-$70 has set a new floor.
GoldSilver’s
Lead Analyst Alan Hibbard expects silver to trade above $100 in 2026 as supply
deficits deepen and industrial demand accelerates. DeVere Group analysts
project silver could reach $200 per troy ounce by the end of 2026.
Famous Investor
Predictions
Robert
Kiyosaki, author of “Rich Dad Poor Dad,” predicts silver will
potentially reach $200 by 2026, emphasizing silver as “the best and
the safest” investment amid what he calls the “biggest crash in world
history”.
Mike
Maloney, precious metals expert at GoldSilver, made his boldest prediction yet:
“I’m betting on at least $200 an ounce, but we could see a spike that goes
up toward quadruple digits.” Maloney argues that silver, when adjusted for
true inflation, would need to reach $200 just to match its previous
inflation-adjusted highs.
Tom Bradshaw’s $375 Silver
Forecast
“Silver
is an interesting case because it’s half industrial, half precious. My models
say it’s currently overvalued by 86%, reminiscent of 2011 and 1982 levels –
periods after which 75-80% corrections occurred,” Bradshaw explains.
Despite a
possible short-term decline, Bradshaw remains a long-term optimist. As he
points out, the market has broken a 45-year “cup and handle”
formation trend, opening the way for further increases.
“We
are very early in this bull market. I expect a 40-45% correction, then a return
to growth and finally – silver reaching around $375 per ounce in 2028“.
For
retail traders, the challenge is less about identifying the target and more
about execution: sizing, drawdown tolerance, and timing entries in volatile
conditions. These execution-level questions are increasingly being addressed in live
environments, including trader-focused sessions at Dubai’s Trading Festival,
where strategies are dissected beyond headline price targets.
How High Can Silver Go?
Industrial Demand Meets Safe-Haven Flows
“Silver
can rise more than gold this year, especially since the growth parity hasn’t
been filled yet and governments haven’t stockpiled silver” like they have
with gold, explains Tzabouras from Tradu.com.
According
to my technical analysis, silver’s immediate target is the psychological $100
level, representing a 5% gain from current $95.34 prices. Beyond that:
- Near-term realistic: $100 (psychological
milestone, 2026 consensus) - Optimistic 2026: $200 (Kiyosaki, Maloney,
DeVere Group) - Extreme 2028: $375 (Tom Bradshaw,
requires 40-45% correction first)
“However,
a pullback could occur as Trump’s decision to hold off import duties on
critical minerals eases tightness concerns,” warns Tzabouras. “In
addition, global economic headwinds from tariffs could dampen consumption,
creating a mixed supply-demand picture.”
The
dominance of industrial demand distinguishes silver from gold. The metal is
essential to AI data centers, clean energy transition (solar panels), and
defense industry amid rising military budgets. This creates structural deficit
conditions even as prices soar.
For
real-time gold and silver technical analysis as prices target $100 silver and
$5,000 gold amid Greenland tariff crisis, follow
me on X (Twitter) @ChmielDk. I provide regression channel analysis,
Fibonacci projections, and geopolitical impact insights on precious metals.
FAQ: Why Gold and Silver
Are Surging
Why is silver surging
today?
Silver
surged to $95.34 all-time high on January 20, 2026, driven by Trump’s Greenland
tariff threats imposing 10% duties on eight European nations (escalating to 25%
by June) and Fed independence concerns. According to my technical analysis,
silver opened with bullish gap targeting $100 psychological level with support
at $93.50 and $84. Industrial demand from AI data centers, clean energy, and
defense compounds safe-haven flows.
Why is gold going up?
Gold hit
$4,737 on January 20, 2026, opening with gap-up after reaching $4,731 ATH,
driven by geopolitical uncertainty over Greenland acquisition and US-Europe
trade war. According to my chart analysis, gold targets $5,000 (100% Fibonacci
extension, bank consensus) with support at $4,360 and 200 EMA at $3,730. Tom
Bradshaw warns gold’s 65% rally in 15 months historically preceded deep
recessions.
How high can silver go in
2026?
According
to my technical analysis, immediate target is $100 (psychological milestone, 5%
from current $95.34). Expert forecasts: Peter Schiff $100+, Alan Hibbard
(GoldSilver) above $100, DeVere Group $200, Robert Kiyosaki $200, Mike Maloney
“quadruple digits.” Tom Bradshaw predicts $375 by 2028 after 40-45%
correction, citing 45-year cup-and-handle breakout.
How high can gold go in
2026?
Major bank
forecasts: Goldman Sachs $4,900 year-end, JPMorgan $5,055-$5,300, Bank of
America $5,000, Deutsche Bank $4,450 average. According to my Fibonacci
analysis, $5,000 is next target (100% extension). Extreme scenarios: Peter
Schiff $6,000 (Greenland escalation), Tom Bradshaw $9,000 by 2028 (deflationary
crisis signal). Gold currently $4,737 entering price discovery phase.
Should I buy gold and
silver now?
According
to my technical analysis, both metals are 47% (silver) and significantly
extended from 200 EMA, making 20% corrections structurally expected though not
guaranteed amid risk-off flows. Peter Schiff urges “do not wait for
pullback” as silver broke above $50-$70 floor. Tom Bradshaw is bullish
short-term, cautious mid-term (recession drop likely), bullish long-term to
2028. Consider dollar-cost averaging given volatility risk from profit-taking
after new ATHs.
Silver
price surged to a new all-time high of $95.34 per ounce on Tuesday, January 20,
2026, rising 6.54% as gold simultaneously broke through $4,731, driven by
President Trump’s escalating tariff threats over Greenland that triggered a
massive flight to safe-haven assets. The white metal is outperforming gold on a
percentage basis, extending its extraordinary rally that has seen silver gain
over 185% in the past year.
Macroeconomic
strategist Tom Bradshaw predicts silver could reach $375 per ounce by 2028,
while gold may hit $9,000, warning that the precious metals rally signals not
prosperity but “alarm that the fiat currency system is under enormous
pressure”.
In the
meantime, major banks forecast gold reaching $5,000-$6,000 in 2026, with silver
expected to break $100 as supply deficits deepen. Let’s check
together how high can silver price go and what are the newest gold price
prediction for 2026 and beyond.
“Silver
extends its record-breaking rally, supported by trade and geopolitical
uncertainty as President Trump escalates his efforts to take control of
Greenland,” notes Nikos Tzabouras, Senior Market Analyst at Tradu.com.
Trump
announced plans to impose 10% tariffs on eight European countries, Denmark,
Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and
Finland, starting February 1, 2026, escalating to 25% by June 1 if Greenland is
not sold to the United States.
“The
announcement unsettled European markets and prompted discussions among EU
nations over potential retaliatory measures,” explains Maria Agustina
Patti, Financial Markets Strategist at Exness.
Michael
Brown, Senior Research Strategist at Pepperstone, characterized Monday’s
trading as “predictable” with “European equities
underperforming, havens such as gold in demand, and the dollar facing
headwinds”.
However, Marek
Rogalski, lead analyst at BossaFX, notes “markets reacted schematically to
new geopolitical tensions – friction over Greenland has transitioned into
economic warfare between the USA and the European Union.”
Silver Technical Analysis:
$100 Target as Metal Breaks $95
Silver’s
price opened with a bullish gap on Tuesday, January 20, 2026, rising nearly 6%
and testing $95.50 per ounce. According to my technical analysis, previous
local highs from last week around $93.50 will now serve as new support, which
Monday’s long lower wick on the daily candle already defended.
My earlier ambitious
target of 161.8% Fibonacci extension has been achieved with significant surplus. The
ultimate target now appears to be the psychological $100 level, a milestone
that would represent quadruple-digit percentage gains from 2024 lows.
Why silver is surging today? XAG/USD technical analysis on a daily chart. Source: Tradingview.com
While
finding resistance in the price discovery phase is difficult, identifying
support is much easier. As I show on my chart, key support levels include:
Key Silver Technical Levels
- Current price: $95.34 (new ATH, Jan 20,
2026) - Immediate support: $93.50 (previous week’s
highs) - Support
zone 1: $84 (December 29 highs) - Support zone 2: $72-$68 (large price
accumulation, 50 EMA at $64) - Major support: $54-$47 (October-November
range, 200 EMA at $48) - Psychological level: $50 (round number, aligns
with 200 EMA) - Next
target: $100 (psychological milestone) - 2028 extreme target: $375 (Tom Bradshaw
forecast) - Overextension
risk: 47% above 200 EMA
According
to my technical analysis, silver has distanced itself from the 200-day
exponential moving average by 47%, making any technical or structural
correction more than expected. However, currently pushing prices higher are
uncertainty and risk-off sentiment, so it’s not certain this correction will
occur immediately.
“The
metal is essential to the AI boom and the build-out of data centres, the clean
energy transition, and the defence industry amid rising military budgets,”
Tzabouras explains, highlighting structural demand drivers beyond geopolitical
factors.
Gold Technical Analysis:
$5,000 Next Target, $3,800 Still Bullish
Gold price
rose 3% on Tuesday to $4,737 per ounce, opening with a clear bullish gap in
reaction to the latest political tensions. According to my technical analysis,
Tuesday’s session opened with a pronounced gap up, and historical maximums
drawn in recent days around $4,600-$4,640 will serve as new support.
The key
support level for me remains the zone from October highs around $4,360, which
at this moment almost ideally overlaps with the 50-day exponential moving
average (50 EMA). Gold has also moved very far from the main 200 EMA, which
separates the downtrend from the uptrend.
Why gold is surging today? XAU/USD technical analysis on a daily chart. Source: Tradingview.com
As a
result, gold could fall below the psychological $4,000 level and drop to just
$3,800, and I would still remain a structural bull, using all these declines to buy back. Only a
decline below the 200 EMA would suggest to me that gold may correct much more
decisively.
Key Gold Technical Levels
- Current price: $4,737 (gap-up open, Jan
20, 2026) - New support: $4,640-$4,600 (recent ATH
zone) - Key support: $4,360 (October highs,
coincides with 50 EMA) - Psychological
support: $4,000 (round number) - Bull invalidation: $3,730 (200 EMA – bearish
only below) - Wide support zone: $3,440-$3,270 (structural
accumulation) - Next target: $5,000 (100% Fibonacci
extension, bank consensus) - Distance from 200 EMA: Gold extremely extended,
20% correction possible - Trend status: Bullish since early 2024,
uninterrupted
At the same
time, on my chart I have a wide support zone between $3,440 and $3,270, whose
test would still not be the end of the world, although fundamentally it’s hard
to imagine the realization of such a scenario for now.
A 20%
correction is quite possible, meaning a drop to the 200 EMA, and although this
will probably cause media panic, technically and structurally it will only be a
reaction after the uninterrupted uptrend observed since the beginning of 2024.
“Nonetheless,
gold remains susceptible to volatility as speculative positions build, leaving
it vulnerable to profit-taking following the new highs,” warns Tzabouras
from Tradu.com. “At the same time, the Fed may struggle to deliver multiple
rate cuts amid ongoing macroeconomic uncertainty, which could limit further
strength in bullion.”
Expert Gold Price
Predictions: $5,000-$9,000 Targets
Major
financial institutions and expert analysts have released updated gold price
forecasts for 2026, with
most clustering around the $5,000 level that my Fibonacci analysis targets.
Major Bank Gold Forecasts
|
Institution |
2026 Target |
Annual Average |
Drivers |
|
Goldman Sachs |
– |
Central |
|
|
JPMorgan Chase |
$5,055/oz (Q4 avg) |
– |
“Highest conviction long” bet |
|
JPMorgan Chase |
$5,200-$5,300/oz (peak) |
– |
Strong |
|
Bank of America |
$5,000/oz (raised) |
$4,400/oz |
Persistent inflation, institutional buying |
|
Deutsche Bank |
– |
$4,450/oz |
Reserve diversification (raised from $4,000) |
Goldman
Sachs forecasts gold reaching approximately $4,900 per ounce by the end of
2026, driven by continued central bank purchases. JPMorgan Chase presents an
even more bullish outlook, predicting gold will average $5,055 in Q4 2026, with
potential peaks reaching $5,200-$5,300 per ounce, calling gold their
“highest conviction long” bet due to strong central bank buying and
persistent inflation.
Bank of
America raised its 2026 gold price forecast to $5,000, with an annual average
of $4,400. Deutsche Bank increased its average 2026 forecast from $4,000 to
$4,450 per ounce, citing continued diversification of reserves by central
banks.
Extreme Scenario: $6,000 Per
Ounce
Peter
Schiff, economist and founder of Schiff Gold, predicts gold could reach $6,000
in 2026, particularly in extreme geopolitical scenarios such as escalating
Greenland tensions. Goldman Sachs warns that gold may exceed $5,000 if the
Federal Reserve’s independence is compromised.
The bullish
precious metals forecasts are already reshaping trading infrastructure across
financial markets. Crypto exchange BingX reported its traditional
finance trading product surpassed $1 billion in 24-hour volume, with gold futures contracts alone
generating over $500 million as prices tested record highs
above 4,700 dol. per ounce.
The surge
in gold volatility has forced market participants to adapt quickly: CME
Group switched its margin system for gold, silver, platinum, and
palladium futures from fixed dollar amounts to percentage-based
requirements, while liquidity provider Scope Prime adjusted spreads in response to sustained price increases.
Tom Bradshaw’s $9,000 Gold
Macroeconomic
strategist Tom Bradshaw warned in an interview with Daniela Cambone on ITM
Trading that the gold market is sending signals that have historically almost
always preceded deep economic crises. His forecast is unequivocal: gold
may rise to $9,000 per ounce, and silver to $375 by 2028.
“When
gold changes its value by 38% or more in a year, the American economy
experienced serious economic crises,” Bradshaw explained. “Gold has
reached this threshold in 11 of the last 15 months. Recession may therefore be
inevitable, if it’s not already underway”.
We have kicked the can down the road for too long.
After 16 years of ultra low interest rates and soaring debt, Tom Bradshaw warns the next downturn could rival the 1970s or worse. https://t.co/3qROiyEJO5#economy #gold #silver #money #usd @DanielaCambone pic.twitter.com/dQDotjtyCV
— ITM Trading (@ITMTrading) January 13, 2026
According
to data cited by the expert, a similar pattern was observed before the 1973-75
recession, the double recession of the early 1980s, and before the 2008 crisis
and the European debt crisis of 2010-2011.
“This
is a classic signal of deflationary, not inflationary slowdown. Gold doesn’t
tell us about hyperinflation – only about economic cooling and a sharp drop in
confidence in debt,” Bradshaw compares the current situation to an epochal
turning point.
In 2025,
gold outperformed the S&P 500 by 49%, and silver by as much as 132% – a
rotation of capital from the stock market to metals seen only four times in
history: in 1931, 1971, 2002, and 2025.
You may also like my previous gold and silver price
predictions articles:
Silver Price Predictions:
$100-$375 Targets
Peter
Schiff forecasts silver hitting $100 per ounce by 2026, stating “I think
$100 is a very realistic target for silver in 2026. It could end up being quite
a bit north of that.” In a recent interview, Schiff urged investors:
“Do not wait for a pullback,” emphasizing that silver’s breakout
above $50-$70 has set a new floor.
GoldSilver’s
Lead Analyst Alan Hibbard expects silver to trade above $100 in 2026 as supply
deficits deepen and industrial demand accelerates. DeVere Group analysts
project silver could reach $200 per troy ounce by the end of 2026.
Famous Investor
Predictions
Robert
Kiyosaki, author of “Rich Dad Poor Dad,” predicts silver will
potentially reach $200 by 2026, emphasizing silver as “the best and
the safest” investment amid what he calls the “biggest crash in world
history”.
Mike
Maloney, precious metals expert at GoldSilver, made his boldest prediction yet:
“I’m betting on at least $200 an ounce, but we could see a spike that goes
up toward quadruple digits.” Maloney argues that silver, when adjusted for
true inflation, would need to reach $200 just to match its previous
inflation-adjusted highs.
Tom Bradshaw’s $375 Silver
Forecast
“Silver
is an interesting case because it’s half industrial, half precious. My models
say it’s currently overvalued by 86%, reminiscent of 2011 and 1982 levels –
periods after which 75-80% corrections occurred,” Bradshaw explains.
Despite a
possible short-term decline, Bradshaw remains a long-term optimist. As he
points out, the market has broken a 45-year “cup and handle”
formation trend, opening the way for further increases.
“We
are very early in this bull market. I expect a 40-45% correction, then a return
to growth and finally – silver reaching around $375 per ounce in 2028“.
For
retail traders, the challenge is less about identifying the target and more
about execution: sizing, drawdown tolerance, and timing entries in volatile
conditions. These execution-level questions are increasingly being addressed in live
environments, including trader-focused sessions at Dubai’s Trading Festival,
where strategies are dissected beyond headline price targets.
How High Can Silver Go?
Industrial Demand Meets Safe-Haven Flows
“Silver
can rise more than gold this year, especially since the growth parity hasn’t
been filled yet and governments haven’t stockpiled silver” like they have
with gold, explains Tzabouras from Tradu.com.
According
to my technical analysis, silver’s immediate target is the psychological $100
level, representing a 5% gain from current $95.34 prices. Beyond that:
- Near-term realistic: $100 (psychological
milestone, 2026 consensus) - Optimistic 2026: $200 (Kiyosaki, Maloney,
DeVere Group) - Extreme 2028: $375 (Tom Bradshaw,
requires 40-45% correction first)
“However,
a pullback could occur as Trump’s decision to hold off import duties on
critical minerals eases tightness concerns,” warns Tzabouras. “In
addition, global economic headwinds from tariffs could dampen consumption,
creating a mixed supply-demand picture.”
The
dominance of industrial demand distinguishes silver from gold. The metal is
essential to AI data centers, clean energy transition (solar panels), and
defense industry amid rising military budgets. This creates structural deficit
conditions even as prices soar.
For
real-time gold and silver technical analysis as prices target $100 silver and
$5,000 gold amid Greenland tariff crisis, follow
me on X (Twitter) @ChmielDk. I provide regression channel analysis,
Fibonacci projections, and geopolitical impact insights on precious metals.
FAQ: Why Gold and Silver
Are Surging
Why is silver surging
today?
Silver
surged to $95.34 all-time high on January 20, 2026, driven by Trump’s Greenland
tariff threats imposing 10% duties on eight European nations (escalating to 25%
by June) and Fed independence concerns. According to my technical analysis,
silver opened with bullish gap targeting $100 psychological level with support
at $93.50 and $84. Industrial demand from AI data centers, clean energy, and
defense compounds safe-haven flows.
Why is gold going up?
Gold hit
$4,737 on January 20, 2026, opening with gap-up after reaching $4,731 ATH,
driven by geopolitical uncertainty over Greenland acquisition and US-Europe
trade war. According to my chart analysis, gold targets $5,000 (100% Fibonacci
extension, bank consensus) with support at $4,360 and 200 EMA at $3,730. Tom
Bradshaw warns gold’s 65% rally in 15 months historically preceded deep
recessions.
How high can silver go in
2026?
According
to my technical analysis, immediate target is $100 (psychological milestone, 5%
from current $95.34). Expert forecasts: Peter Schiff $100+, Alan Hibbard
(GoldSilver) above $100, DeVere Group $200, Robert Kiyosaki $200, Mike Maloney
“quadruple digits.” Tom Bradshaw predicts $375 by 2028 after 40-45%
correction, citing 45-year cup-and-handle breakout.
How high can gold go in
2026?
Major bank
forecasts: Goldman Sachs $4,900 year-end, JPMorgan $5,055-$5,300, Bank of
America $5,000, Deutsche Bank $4,450 average. According to my Fibonacci
analysis, $5,000 is next target (100% extension). Extreme scenarios: Peter
Schiff $6,000 (Greenland escalation), Tom Bradshaw $9,000 by 2028 (deflationary
crisis signal). Gold currently $4,737 entering price discovery phase.
Should I buy gold and
silver now?
According
to my technical analysis, both metals are 47% (silver) and significantly
extended from 200 EMA, making 20% corrections structurally expected though not
guaranteed amid risk-off flows. Peter Schiff urges “do not wait for
pullback” as silver broke above $50-$70 floor. Tom Bradshaw is bullish
short-term, cautious mid-term (recession drop likely), bullish long-term to
2028. Consider dollar-cost averaging given volatility risk from profit-taking
after new ATHs.
