Silver's Record Rally Continues: 20% Upside Seen by Q1 2026 Amid Supply Squeeze

• Silver hit a new all-time high on MCX, extending its record rally after gold's surge.
• Analysts project a further 20% upside by Q1 2026, targeting USD 70-80 per ounce.
• Rally is fueled by tight physical supply, strong investor demand for ETFs, and industrial use in tech sectors.
• China's potential export restrictions from 2026 could further tighten global supply.
• Near-term consolidation and volatility are expected, but silver may still outperform gold in Q1 2026.

Why It Matters: Silver's record rally is set to continue, driven by supply constraints and rising demand, with significant upside potential.