Will Silver Take Off Before the End of 2026?

Fed uncertainty last year appeared to push silver prices up. There once again appear to be question marks about whether the Fed will raise interest rates. High stock valuations and growing political and economic uncertainty could lead to higher demand for silver in the coming weeks. 10 stocks we like better than iShares Silver Trust › The price of silver has been falling sharply this year. Many investors piled money into the precious metal late last year, and it would eventually hit a new all-time high of more than $120 per ounce in late January. Since then, however, it's been on a downward spiral, with silver now trading around $66. It's been in steep decline, but that could change later this year, particularly given the uncertainty in markets and the economy as a whole. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » Could investing in the iShares Silver Trust (NYSEMKT:SLV), which tracks the price of silver, be a good move right now? Late last year, as silver was soaring, there were concerns about Fed independence and who would take over from Jerome Powell. When investors learned Kevin Warsh would be taking over, that's when the price of silver started to plummet. President Trump announced his pick in late January, and since then, silver's been on a decline. The markets appeared to like the Warsh pick as it instilled some confidence in the path ahead. But now, with growing uncertainty about whether rates will rise or fall, and the U.S. president threatening to halt trade with certain countries if rates aren't cut, there may be renewed concerns about the Fed and its independence. Plus, with midterm elections also coming up in a few months, there's room for even greater uncertainty ahead for the stock market. The situation may be ripe for silver to pick up steam once again. I do think the price of silver will rise before the end of the year, simply because of all the potential economic and political turmoil ahead. And given the high valuations in the stock market these days for many stocks, there are plenty of reasons for investors to look for safety in the latter part of the year, and silver could be in high demand. However, regardless of what happens with silver, investing in the iShares Silver Trust can still be a good way for investors to diversify their portfolios right now. With the S&P 500 at around record levels, now may be a good time to look for investment opportunities that may possess more upside than simply tracking the broader markets, and silver may be as good an option as any right now. Before you buy stock in iShares Silver Trust, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and iShares Silver Trust wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $421,997!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,413,876!* Now, it's worth noting Stock Advisor's total average return is 978% — a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor , and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of September 7, 2026. David Jagielski, CPA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy .