Silver surpassed $100 per ounce on Friday morning, marking a fresh benchmark for the precious metals market. At the time of writing, COMEX March futures were trading around $101.165 per ounce, confirming the milestone. This move is part of a rapid advance that has drawn attention from investors and market participants worldwide.
Silver Reaches Historic $100 Milestone
Friday’s session pushed silver past the long-awaited $100 mark, a level not seen before for the white metal. The COMEX March contract registering about $101.165 per ounce signals a new reference point for pricing and settlement in futures markets. For market observers, this price level represents an important psychological and technical milestone.
Factors Driving the Silver Rally
Analysts point to several forces behind the rally, including strong buying from Chinese investors and a general flight to safety amid geopolitical tensions. Specific events in countries such as Venezuela and Iran, together with the wider Russia–Ukraine conflict and shifts in U.S. policy, have helped push demand higher. At the same time, analysts cite increased industrial demand, ongoing supply deficits and slow production growth as structural supports for the price rise; these combined factors sustained upward pressure on silver.
Silver’s Price Growth Over the Past Year
The current level is the culmination of a very steep run: silver has gained more than 200% in less than a year, moving from about $30 per ounce in April to today’s prices. Such a large percentage increase over a short period highlights both strong demand and constrained supply dynamics. This rapid repricing has renewed investor focus on how silver behaves alongside other safe-haven and industrial assets.
Future Predictions for Silver Prices
Some forecasts discussed in market coverage suggest silver could reach substantially higher levels, with analysts mentioning targets as high as $200 or $300 in the context of the ongoing rally. These scenarios reflect differing views on the persistence of demand and the depth of available supply, and they underpin debates about how far the current move can extend. For more on related price drivers earlier in the season, see December 2025 price rise for additional background.
Expert Insights on the Silver Market
Industry participants have described the move as a broader repricing that many believed was overdue. Josh Philip Phair, Founder and CEO of Scottsdale Mint, framed the advance as a new phase of price discovery and suggested the trend could continue over a longer horizon. Such industry commentary has helped shape market expectations alongside technical and fundamental factors.
Why this matters
If you operate mining rigs in Russia — from a single device to a small farm — the silver rally mostly affects you indirectly through market sentiment and investor flows. A sharp move into safe-haven assets can change risk appetite and liquidity in broader markets, but it does not directly change mining yields, electricity costs, or device performance. Nevertheless, large macro moves can increase volatility in crypto and capital markets, which may influence when you choose to sell mined coins or allocate cash.
What to do?
Practical steps for small to mid-size miners focus on risk management, monitoring and preparedness. Review your position and liquidity, check mining profitability against current electricity and pool fees, and avoid making hasty decisions based solely on headline price moves. Consider diversifying short-term holdings between fiat and crypto, keeping a buffer for operational expenses, and preparing for higher market volatility.
- Track spot and futures prices regularly to inform selling or holding decisions.
- Recalculate mining profitability under different price scenarios; adjust run times if needed.
- Keep an operational cash reserve to cover power and maintenance during volatile periods.
- Secure physical and digital holdings (wallets, access controls) to reduce execution risk.
- Follow reputable market updates rather than social media noise before changing strategy.
For context on analyst forecasts and market commentary, you can also read a related outlook such as the Peter Schiff forecast, which covers similar price scenarios and investor perspectives.
