Conservative/average targets: Year-end or average around $70–$100+ (e.g., some institutions like Bank of America or Metals Focus see averages in the $55–$65 range earlier, but reality has pushed higher.

Very bullish views: Structural deficits + demand could drive triple-digit sustained levels, with some calling $100 the "first step" toward much higher (e.g., $300+ long-term secular breakout patterns.

As of late January 2026, spot silver is trading in the $93–$109 range (with recent closes/fluctuations around $93–$101+), showing strong bullish momentum but also signs of being overbought after the sharp rally—some analysts warn of near-term pullbacks (e.g., back to $90 or consolidation) before resuming higher.#Silver $BTC $ETH