Silver: published research is leaning unanimously bullish.
One forecast making the rounds calls for silver to average $75/oz in 2026 — nearly double the 2025 average near $40 — and notably, that's an upward revision from the prior month's view.
A separate strand of analysis ties the bullish case to events: silver stays well-supported if a US-Iran peace deal eases energy prices and inflation, opening the door to lower yields and stronger risk appetite. A more unconditional view, grounded in technicals and fundamentals, simply argues for holding silver through year-end alongside gold and platinum as tangible safe havens while macro uncertainty lingers.
Where do these views diverge? Not on direction. One camp's bullishness is explicitly conditional on peace-deal progress and easier Fed policy; another rests on chart and supply-demand work; a third is a full-year price call. Different horizons and scenarios — not a real disagreement.