The Leverage Trade
Silver typically outperforms gold during geopolitical spikes due to higher volatility. Following gold's breach of $4,500, silver has broken major resistance levels, with technical analysts now eyeing the psychological $100 barrier by late 2026.
Supply Chain Anxiety
Maritime security concerns in the Caribbean are raising red flags for exporters in Peru and Mexico. Any disruption to the delivery of silver concentrates could exacerbate an already chronic 2026 supply deficit.