Silver Soars to New All-Time High, Up 15% in 2026 Amid Supply Crunch

• Silver hit a new all-time high of $83.62 per ounce on January 7, surging 15% since the start of 2026.
• Rally driven by persistent supply shortages, robust industrial demand from sectors like solar power and EVs, and a favorable global macro environment.
• Global silver market faces a structural deficit for the fifth consecutive year, with production constrained by its by-product nature and declining ore grades.
• Economic factors like a weaker US dollar and anticipated US Federal Reserve rate cuts are boosting silver's appeal as a precious metal.
• Investor interest is returning with recent ETF inflows, while geopolitical uncertainty and high global debt also attract safe-haven investments.

Why It Matters: Silver's historic surge is fueled by tight supply, strong industrial demand, and supportive economic factors.