In an October 2, 2025, Barchart article, I asked how high silver prices could rise. Silver was still below the highs from 2011 and 1980 in early October, trading at $47.375 per ounce when I concluded:
While the high of $50.36 per ounce in January 1980 is a nominal target, adjusted for inflation, the 1980 high is over $200 per ounce in August 2025. The bottom line is that silver has upside room, and a price over $60 or even $70 would not approach 50% of the high from 1980, adjusted for inflation.
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