Silver prices still remain on the bullish path. On Wednesday, January 14, 2026, silver gained up to 4% on the Multi Commodity Exchange (MCX). The increase in geopolitical tensions and increasing demand for safe-haven investments have fueled this boom. This has marked a strong start to 2026 after a sharp rally last year. In the morning session of January 14, silver prices on MCX rose by Rs 10,800 to Rs 2,86,100 per kg, compared to the previous day’s closing price of Rs 2,75,300. That means now silver has moved towards Rs 3 lakh per kilogram.
why is silver rising
According to Bloomberg, demand for safe havens has also been boosted by US President Donald Trump’s fresh threats to capture Venezuela’s president, his new threats to take over Greenland and violent protests in Iran that could topple the Islamic government there.
Gold estimated to reach $5,000 and silver $100 per ounce
Citigroup Inc. Analysts have raised their forecasts for gold and silver to $5,000 an ounce and $100 an ounce, respectively, over the next three months. David Chao, global market strategist at Invesco Asset Management, said demand for gold and silver as a “hedge against inflation or financial instability” should continue this year, although gains are unlikely to be as strong as in 2025. “Gold may outperform silver this year due to recent geopolitical uncertainties.”
The speed of silver was faster than gold in 2025
Silver outperformed gold last year, rising nearly 150% in October due to a short squeeze and persistent supply shortages in London. Traders are awaiting the outcome of the US Section 232 investigation, which could lead to tariffs on silver. Concerns over potential taxes have kept the metal stockpiled in U.S. warehouses, reducing global inventories.
