- Bank of America forecasts silver could reach prices between $135 and $309 by 2026, based on the Gold-to-silver ratio.
- The current gold-to-silver ratio of approximately 59:1 suggests silver is undervalued compared to its historical relationship with gold.
- Independent analyst Rashad Hajiyev predicts a silver price of $250, with gold potentially exceeding $7,000 and the ratio dropping to 30.
In a stunning market prediction, Bank of America has forecasted that silver prices could skyrocket to between $135 and $309 by the end of 2026, according to a report. Consequently, this analysis leverages the traditional gold-to-silver ratio to project a massive potential upside from current price levels.
The bank’s analyst, Widmer, cited the historical ratio lows of 32:1 in 2011 and 14:1 in 1980 as benchmarks for the new targets. However, the metal is currently in a volatile state, trading between $75 and $80 amidst a strong US dollar.
Meanwhile, other analysts echo this bullish sentiment, though with differing figures. Independent analyst Rashad Hajiyev projects silver could hit $250. He bases this on an expectation that gold will surpass $7,000 and the gold-to-silver ratio will collapse to around 30.
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