Silver prices projected to stay above $75 per ounce in 2026

Analysts note that the global silver market saw its spot price dip to roughly $72 per ounce at the end of May 2026 before quickly climbing back above $76.3 per ounce. Bank of America economists expect the metal to remain above the $75 level for the rest of the year, although they warn that a shift in industrial demand could hinder further gains. The forecast suggests modest price appreciation despite recent volatility, with the metal’s strong electrical conductivity keeping it attractive to investors.

The outlook comes as the broader precious‑metal market anticipates the influence of gold on silver prices, while economic factors such as potential changes to wealth taxes and private‑wealth management practices are also under discussion among Hungarian financial commentators.