Silver Rises Over 120% YTD 
Daily News Nuggets | Today’s top stories for gold and silver investors
January 14th, 2026
Silver Doubles in 4 Months, Now at $92
Silver shattered records Tuesday, breaking above $90 per ounce for the first time and climbing to $92.39 this morning.
The white metal has more than doubled in just four months. It’s up roughly 180% over the past year — a stunning move driven by a perfect storm of supply shortages and surging demand.
Price of Gold, Silver Six Months
On the supply side, the market faces a 200-million-ounce annual deficit. Mine production is growing at just 1-2% per year while industrial demand accelerates. Solar panels alone now consume 15% of global supply, with AI hardware and EV batteries adding more pressure.
Meanwhile, investors are piling in as a hedge against inflation, geopolitical risks, and concerns about Fed independence. Markets expect two rate cuts starting in June—another tailwind for precious metals.
Gold’s getting the headlines, but silver is outpacing it. And with inventories this tight, the rally may be just beginning.
The Financial System Isn’t Safer — And You Know It As risks mount, see why gold and silver are projected to keep shining in 2026 and beyond.
Citi Says Silver Could Hit $100 by March
Citigroup just threw a headline-grabbing forecast into the mix. Silver could reach $100 per ounce by March — and potentially $110 by the second half of 2026.
The call reflects an acute shortage of physical silver. COMEX registered inventories have plummeted over 70% since 2020. Industrial demand keeps accelerating.
Solar panels, EVs, and AI hardware are consuming record amounts. Mine production grows at just 1-2% annually.
Citi’s not alone in its bullish outlook. BNP Paribas also sees $100 as possible by year-end. And GoldSilver’s own Alan Hibbard believes 2026 could outperform even last year’s 147% gain.
We could see some volatility ahead. Silver’s 147% surge in 2025 triggered index rebalancing. That dumped $6.8 billion in futures selling this month.
But the underlying story hasn’t changed. Tight supply, surging industrial use, and safe-haven demand remain intact. If Citi’s right, we’re still in the early innings.
Gold Miners Rally as Bullion Eyes $5,000
Gold miners are having a moment. Newmont hit an all-time high of $106 this week, while Barrick’s shares have surged over 180% since the start of 2025.
The catalyst? Gold breached $4,630 per ounce. Major banks are now calling for $5,000 by the end of 2026. Goldman Sachs and JP Morgan both revised targets upward. Geopolitical risks pile up and central banks keep buying.
Higher gold prices translate directly to cash flow for producers. With fixed operating costs, every dollar above breakeven drops to the bottom line. Newmont forecasts 5.6 million ounces of production this year.
The rally reflects deeper anxieties. Currency debasement, Fed independence, and global instability all play a role. If those trends persist, miners could see more upside. Though a stronger dollar or cooling tensions could quickly reverse gains.
Investing in Physical Metals Made Easy
Fed Expected to Hold Rates This Month
The Federal Reserve is almost certain to keep rates steady at its January meeting after December’s inflation data came in as expected.
Headline CPI held at 2.7% year-over-year, while core inflation stayed at 2.6% — the lowest since 2021. That’s progress, but still above the Fed’s 2% target.
Markets are pricing two rate cuts in 2026, likely in June and September. The pause reflects a tricky balancing act: inflation remains sticky, but the labor market is cooling and growth forecasts for 2026 have been upgraded.
Fed Chair Jerome Powell said the central bank is “well positioned to wait.” Translation: policymakers want more clarity before moving again. They’re watching tariff impacts, employment data, and whether inflation keeps trending lower.
For now, expect higher-for-longer to remain the theme — at least through spring.
Oil Jumps on Iran Tensions
Oil prices surged 2.8% Tuesday after President Trump canceled all meetings with Iranian officials and told protesters “help is on the way.”
U.S. crude closed at $61.15 per barrel. Brent hit $65.47 — the highest levels since last fall. Prices have climbed steadily as Iran’s security forces crack down on nationwide protests. An Iranian official confirmed 2,000 people have been killed so far.
Iran pumps over 3 million barrels per day. It’s OPEC’s fourth-largest producer. Traders are pricing in supply disruption risk. Especially if Trump follows through on threats to intervene militarily.
The bigger worry? The Strait of Hormuz. Nearly a third of the world’s seaborne crude flows through that narrow waterway. Any retaliation from Tehran could send prices spiking further.
For now, geopolitical risk premiums are back on the agenda. That’s lending support to safe-haven assets across the board.
