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Silver 30 December 2025 - 12 January 2026

Silver price forecast: HSBC lifts 2026 view as spot silver slides 4% ahead of U.S. payrolls

Silver price forecast: HSBC lifts 2026 view as spot silver slides 4% ahead of U.S. payrolls

Spot silver fell 4.1% to $77.93 an ounce by 1:36 p.m. ET on Wednesday, as traders took profits after a sharp run and the dollar strengthened. HSBC raised its 2026 average silver price forecast to $68.25 an ounce but cautioned the market could stay volatile. “We’re viewing today’s pullback as general profit taking after that recent surge,” said David Meger, director of metals trading at High Ridge Futures. Reuters
SLV stock jumps as silver price climbs above $80; Venezuela turmoil and Fed cuts in focus

SLV stock jumps as silver price climbs above $80; Venezuela turmoil and Fed cuts in focus

Shares of iShares Silver Trust rose 6.3% to $73.44 in afternoon trade on Tuesday as silver prices pushed higher. Silver miner First Majestic Silver gained 7.9%, while Pan American Silver and Wheaton Precious Metals were up about 4.0% and 3.6%, respectively. SLV hit $73.83 and had traded about 70 million shares by early afternoon.
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