Physical Scarcity and Industrial Pull
Beyond the safe-haven trade, physical silver premiums are hitting 40% in Asian hubs. China's new export licensing regime has further restricted supply just as the AI infrastructure boom and solar mandates hit peak deployment, forcing industrial buyers to pay significant spot premiums.
Technical Resistance Breakout
Having cleared the $85 resistance level, technical analysts suggest silver has entered 'price discovery' mode. If geopolitical tensions do not de-escalate, the psychological $100 barrier is now the immediate target for Q1 2026.