Silver's price has skyrocketed — but one key factor could cap the rally

Bogdan Hofbauer

Silver has outshone gold in the blistering precious-metals rally, but the surge may be running into a real-world constraint: The industries that actually use the white metal may be starting to pull back. "At some price level, fabricators and end users simply cannot absorb higher costs," Ole Hansen, the head of commodity strategy at Saxo Bank, wrote on Wednesday. Industrial applications for silver include solar panels, electronics, and chips crucial to the AI buildout. "They either try to pass

Silver's price has skyrocketed — but one key factor could cap the rally https://www.businessinsider.com - 16.01.2026 10:55

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Silver's price has skyrocketed — but one key factor could cap the rally https://www.businessinsider.com - 16.01.2026 10:55