In 1980, COMEX silver futures reached a record $50.36 per ounce high, and it took four and one-half decades to eclipse that price. In October 2025, the price of the continuous silver futures contract reached $53.765. The following month, the price rose to $57.245, and in December it exploded to $82.67 per ounce. In January 2026, the price has been as high as $95.78, and silver’s ascent has not slowed, but picked up steam since breaking above the high from 1980.
In a December 11, 2025, Barchart article that asked if silver could trade at $100 per ounce or higher, I concluded with the following:
