Silver's week leaned bullish, with published research emphasizing a structural bid despite a bruising recent selloff.
Multiple analysts flagged accumulation setups: washed-out sentiment, capitulation by retail holders, record COMEX physical deliveries, and historic buying from China. One tactical view pointed to a rebound toward $63–64 (potentially $70) by August, citing positive seasonality and post-bubble cleansing. Longer-horizon commentary highlighted silver's reclassification as a critical mineral, central bank and state accumulation, and ongoing electronics demand as a durable floor.
Institutional forecasting was mixed but constructive on balance. One shop cut its 2026 average price call to $72/oz on a stronger dollar and high real rates, while raising 2027 to $68/oz — framing this year's weakness as a dip, not a trend break. The gold/silver ratio was seen drifting back toward 70.
A contrarian thread warned silver could crash alongside gold if the broader "everything bubble" unwinds, viewing recent strength as late-cycle behavior.