Silver: published research leaned firmly bullish this week, with most analysts framing recent weakness as a buyable correction inside a longer uptrend.
The dominant thread cited China's late-2025 export restrictions, central bank and sovereign wealth fund buying, and industrial demand from solar, EVs, and battery tech as structural supports. One forecast was revised upward to an average $75/oz for 2026, moderating to $60/oz in 2027. Another strategically bullish view sees scope above $100 if monetary debasement and inflation persist. Technically, prices reclaiming the mid-$70s after holding near $70 was read as validation, with one analysis arguing the intermediate correction low is likely in around $60 — pointing to open interest at the lowest level since 2011.
The bullish case isn't unanimous. A contrarian thread warned silver would not be spared in a genuine risk-off liquidity event, and flagged medium-term technical signals consistent with a larger decline once the dollar firms — even while conceding a near-term bounce.