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Silver Outlook: Volatility Tests Bulls in Early 2026
To call silver’s advance parabolic would be generous understatement. With just four trading days left in January, silver is already up nearly 50%, having printed an eye-watering 40% high-to-low range for the month. Falling US real yields, a softer US dollar, surging gold prices and mounting industrial supply concerns have all fuelled the rally. However, as prices push deeper into uncharted territory, volatility at record highs is now presenting the first meaningful test for silver bulls in 2026. Monday’s elongated shooting star candle raises a warning flag for trend exhaustion, but bears should be cautious about ... (full story)