Silver Takes The Lead As Precious Metals Continue To Rally In Early 2026

Silver has emerged as the standout performer of early 2026, surging nearly 15% in just the first week and crossing the crucial $83-an-ounce mark—levels few experts anticipated so soon. The rally is being driven by a sharp demand-supply mismatch, where rising industrial and investment demand cannot be met immediately. Geopolitical tensions have further added support, lifting sentiment across precious metals. While gold continues to benefit from global uncertainty, silver is clearly outperforming, backed by strong technical momentum. Analysts see a decisive breakout above $82 as a key trigger, opening the door to a rapid move towards $90–$100 in the near term. For 2026, silver appears better positioned than gold, with momentum, fundamentals and geopolitics all aligning in its favour.