Platinum and silver prices are both expected to move higher in 2026, but silver forecasts point to stronger gains driven by industrial demand while platinum faces a narrowing market deficit and softer automotive use. Investors watch these metals closely as supply issues and economic shifts play out.
Silver stands out with bullish predictions from major banks and analysts. Advantage Gold sees prices hitting $56 to $88 per ounce in 2026, fueled by supply shortages and demand from solar panels, electric vehicles, and electronics. They note major banks targeting $63.78 by year-end, with technical charts showing breakouts toward $72 to $88. For details, check their full outlook at https://www.advantagegold.com/blog/silver-price-2026-forecast-predictions-and-market-outlook/[1].
Gerrards Bullion reports varied views, including HSBC raising targets to $44.50 average, Bank of America at $65, and some models up to $75 by mid-year or $80 to $100 in strong scenarios. These rely on tight supply and industrial pull, suggesting 27% to 95% upside from late 2025 levels around $51. Read more at https://gerrardsbullion.com/invest/2026-silver-predictions-consolidation-or-further-gains-incoming/[2].
Heraeus Precious Metals forecasts silver at $43 to $62 per ounce, expecting volatility from industrial pressures after this year’s rally. They predict an initial reset lower before gains resume[3]. Video analysts like Gareth Soloway and Phil Streible add optimism, with Soloway eyeing gold-related moves that boost silver and Streible suggesting triple-digit potential from price patterns[4][5].
Platinum forecasts look more restrained. Heraeus expects $1,300 to $1,800 per ounce in 2026, with the market still in deficit but narrowing due to higher recycling in Europe. Automotive demand may drop as battery electric vehicles rise, though jewelry in China could lift prices later. Lease rates stay high, keeping it undervalued versus gold. Their full forecast is here: https://www.heraeus-precious-metals.com/en/company/press-and-news/heraeus-precious-metals-forecast-2026/[3].
Silver’s edge comes from broader industrial use in green tech, while platinum ties more to autos and jewelry. Fed rate cuts and a weaker dollar could lift both, but silver’s supply deficits give it more upside room. Technicals favor silver outperforming gold, with ratios dropping to 70-82.
Sources
https://www.advantagegold.com/blog/silver-price-2026-forecast-predictions-and-market-outlook/
https://gerrardsbullion.com/invest/2026-silver-predictions-consolidation-or-further-gains-incoming/
https://www.heraeus-precious-metals.com/en/company/press-and-news/heraeus-precious-metals-forecast-2026/
https://www.youtube.com/watch?v=iwLCJeQ8gz8
https://www.youtube.com/watch?v=IiumRs3gbGE