Bank of America projects silver averaging ~$35/oz by 2026; other analysts warn targets during the next bull run could push higher if gold rallies and the gold/silver ratio contracts.

Silver has surged toward a 12-year high as bullion rallies alongside gold and copper, fueled by rate-cut hopes and stronger industrial demand (notably solar). Physically backed ETFs like SIVR have seen heavy inflows, reinforcing the price breakout and concentrating investor interest in inventory tightness and ETF flows.

Silver has climbed toward a 12-year peak as gold strength, Fed‑cut hopes and strong industrial/physical demand push prices higher; supply tightness and miners’ execution remain key risks.

Synthesis of two Yahoo Finance pieces: Wall Street prices gold near $3,000 as rate‑cut hopes lift precious metals, while Bank of America keeps a multi‑year bullish stance on silver (mid‑to‑high $30s forecasts). Here’s what could drive silver higher — and the risks to watch.

COMEX silver futures traded near $31.23/oz (Oct 2, 2025) as inflation expectations, ETF inflows and stronger industrial demand pushed prices toward a 12‑year peak. This article summarizes recent price action, drivers, technicals and risks to watch.

Bank of America’s metals team projects continued silver strength into 2025–26, while ETF inflows pushed funds such as SIVR to 52‑week highs. This article explains the bullish drivers, ETF influence, and the key signals traders and investors should watch next.