Silver prices are on the move, and investors are watching closely to see if the metal can finally break through the long-standing $50.00 barrier.
Several factors point to a potential breakout before year-end, including muted retail sentiment and a favorable shift in the gold-to-silver ratio.
But the real question is: what happens once silver pushes through $50.00? If the LBMA runs out of freely available silver early next year, a sharp rally toward $75, or even $100, is entirely plausible.
SILVER BIG PICTURE
Silver is quickly approaching the major resistance level of $49.50, last reached in 2011. The $50.00 mark was first tested in 1980, making this a 45-year consolidation. A decisive breakout above $50.00, whether later this year or in early 2026, would mark a generational shift in the market, potentially triggering a rapid move toward $75.00 and ultimately $100. Looking further ahead, we see the possibility of silver trading in the hundreds of dollars per ounce range within 5 or 10 years.
GOLD to SILVER RATIO
The gold-to-silver ratio tends to reach major lows roughly every five years, with the next one expected in the first half of 2026. A breakdown below the current trendline would support a strong rally in silver, likely thrusting prices through $50.00, driving the ratio back towards 60 or lower, hence suggesting silver could have much further to run.