A new poll predicts silver prices to average $78/oz in 2026 and $73.15/oz in 2027, putting the $200-by-June target further out of reach. The June 30 contract is expected to decrease by 15%.
Market reaction
The poll results point to a correction in the silver market’s outlook. The contract for silver reaching $200 by June 30 faces growing skepticism, with traders re-evaluating their positions. Current geopolitical tensions and economic conditions favor gold as a safe-haven asset over silver, pulling demand away from silver-linked contracts.
Why it matters
Silver’s peak at $121/oz earlier this year looks more like a blip than a trend. The poll’s figures for 2026 ($78/oz) and 2027 ($73.15/oz) suggest speculative interest in silver is cooling, and neither number is anywhere close to the $200 threshold. The gap between current price forecasts and the contract target is wide enough that traders holding YES positions face steep odds.
What to watch
At lower price levels, silver still functions as a hedge against inflation and currency devaluation. A YES share at reduced odds is a contrarian bet that pays off only if short-term volatility or an unexpected geopolitical shock drives a rapid price spike. Federal Reserve rate announcements and developments in the Middle East are the two most likely catalysts that could shift silver’s price trajectory before June.
API access
