Silver Prices Plunge After Record High, Future Volatility Expected

• Silver prices saw a sharp drop from a record high of $82,670 to $71,300 per ounce, a 13.75% decrease, signaling profit booking.
• Last year (2025), silver surged 180% due to high demand from green energy, EVs, and battery sectors, especially after Samsung's shift to solid-state batteries.
• Supply disruptions and geopolitical tensions also fueled the price rally, with China's export ban set for January 1, 2026.
• Industries are exploring alternatives like copper for solar panels and batteries due to high silver costs, as per Amit Goel of Pace 360.
• Experts predict a short-term rise to $100 by Feb 2026, but a potential long-term fall of up to 60% by FY27, with retail investors advised caution.

Why It Matters: Silver faces extreme volatility, with short-term gains possible but significant long-term price drops feared.