Silver as the most expensive metal in 2026: a phase of expected consolidation

The beginning of this year brought volatile behavior to silver. The metal showed dynamic fluctuations, initially rising to $121, then experiencing a price correction down to $84, before recovering to an intermediate level. According to analysts at NS3.AI, the most expensive metal on the market is expected to enter a stabilization phase with a trading range between $75 and $92.

Technical Outlook and Sideways Range Parameters

Current chart formations indicate a period of consolidation in the medium term. Silver prices are likely to move sideways within the specified range until a clear trend direction emerges. This dynamic is typical for a transitional period when the most expensive precious metal is searching for new benchmarks.

Key Support Factors and Market Opportunities

Bullish drivers remain significant. These include strengthening mining production capacity, active demand for physical metal, and importantly, the growing potential to attract large institutional investors. These factors create potential for future growth but require careful monitoring of technical reversals.

Caution Zones

Despite optimistic fundamentals, experts advise caution. Several technical divergences and the gold-to-silver ratio indicator warrant traders’ attention. These signals could influence the near-term price movement of the most expensive metal.