What's Silver's Next Move? Zoom Past $90 In Early 2026 Or Face Pullback: Crypto Betters Say This

Core Insights - Silver has experienced a significant price surge, reaching $80 per ounce, marking its strongest annual performance since the late 1970s [1][5] - The prediction markets are actively speculating on silver's future price movements, with varying odds for different price thresholds [2][5] Price Predictions - The odds of silver reaching $90 per ounce by the end of January increased to 26% from 22% [2] - The likelihood of silver exceeding $85 rose sharply to 45% from 29% [2] - Bookmakers estimate an 84% chance of silver falling below $70 during the same period, while the odds of surpassing $100 decreased to 14% [2] Market Performance - Year-to-date, spot silver has gained over 140%, outperforming gold, equities, and Bitcoin, primarily due to severe physical shortages in China [5] - The iShares Silver Trust (NYSE:SLV), which tracks silver prices, has surged 161% this year [5] Supply Dynamics - A portfolio manager at Sprott Asset Management indicated that the rally in silver prices is likely just beginning, driven by shrinking supply and potential price squeezes [6] Current Market Status - As of the latest data, spot silver is trading at $73.05 per ounce, reflecting a 4.22% decrease in the last 24 hours [6] - The SLV ETF closed 4.50% higher at $68.98 during the regular trading session [6]