Silver Price $100 Target: Key Drivers behind The Rally
The comments below are an edited and abridged synopsis of an article by Damian Chmiel, Finance Magnets
In recent analysis published by Finance Magnates, silver’s bullish momentum is laid bare, highlighting that once the white metal breaks through the key US$50/oz threshold, a move toward $100/oz becomes increasingly plausible. As of early November 2025, silver had reached $48.66/oz, consolidating near its October high of $53.34.
The report identifies several core catalysts underpinning silver’s potential upside. First, silver continues to follow gold’s gains, with gold recently surpassing the $4,000 mark. This correlation means silver may follow a similar trajectory, but with a sharper upside.
Second, the physical silver market is showing signs of supply constraints—tightness in the London bullion market, tariff-driven flows, and rising industrial demand (notably for EVs and solar) are all cited as structural tailwinds.
Third, the article emphasises the role of US real (inflation-adjusted) yields. With the Federal Reserve cutting rates and signaling a data-driven stance, the opportunity cost of non-yielding assets like silver diminishes, boosting its attractiveness.
On the technical side, the report draws from Fibonacci-based extensions applied to the silver price rally from April to October. These metrics suggest intermediate targets of $72/oz (100% extension) and $88/oz (161.8% extension). Meanwhile, high-profile figures such as Robert Kiyosaki are presenting more aggressive forecasts: $75/oz in the near term and even $100/oz post the $50 breakout.
Institutional forecasts cited in the piece vary: Bank of America projects a $65 peak in 2026 (+34% from current levels), while some bullish analyses from Solomon Global Analysts envision a doubling of the price once key resistance is cleared.
For investors, the message is clear: Silver is not merely tracking gold; it may be entering a phase of out-performance. With a currently stretched year-to-date gain of +71.9%, the short-term correction between $47-$50 is described as a healthy consolidation rather than a reversal.
In a Canadian context, for institutions and self-directed investors considering precious metals, the analysis underscores the importance of positioning now. If silver can clear the psychological $50 barrier and maintain momentum, the risk-reward profile improves significantly. Key risks remain, such as higher-than-expected interest rates or a rebound in real yields, but the convergence of structural supply constraints, robust demand, and gold-led momentum sets the stage for silver’s next leg higher.
