Monday 26/January/2026 – 11:53 PM
I registered Silver prices Strong and unprecedented rises in local and global markets during Monday’s trading, exceeding their highest historical levels ever, driven by escalating fears related to the American economy and increasing uncertainty about the future of financial and monetary policies, according to a report issued by the “Safe Haven Center.”
The report explained that the return of trade threats issued by the US administration, along with the rising risks of closing the federal budget, and growing questions about the independence of the Federal Reserve, brought back to the forefront concerns related to the deterioration of the economic and institutional frameworks of the United States. These developments prompted investors to intensify their orientation towards safe haven assets, led by precious metals, led by silver.
Silver prices locally and globally
At the local level, silver prices continued their strong rise, as the price of a gram of 999 silver rose from 173 pounds to 189 pounds, achieving a noticeable increase within a short period of time. The price of a gram of 925 karat silver also rose to the level of 175 pounds, while the price of 800 karat reached about 151 pounds, while the price of a silver pound recorded approximately 1,400 pounds, which reflects the strong demand in the local market.
At the global level, the price of an ounce of silver jumped from $103 to $115, after it had previously recorded a record level near $110.90 per ounce, supported by increasing investment demand and a decline in the attractiveness of high-risk assets.
The report indicated that since the beginning of this year, silver has achieved gains of approximately 60% in global stock exchanges, recording its best annual performance since 1979, while its gains in the local market amounted to about 51%, driven by direct interaction with global rises and the state of anticipation in the exchange markets.
Double support for prices: a safe haven and strong industrial demand
The report pointed out that risk aversion is still a major factor in supporting silver prices, in parallel with the continuing pressure on the US dollar, in light of expectations of lower interest rates and political instability in Washington. These factors increase the attractiveness of dollar-denominated metals to foreign investors, especially in periods of economic volatility.
At the same time, silver’s strength is not limited to its role as a safe haven, but it also benefits from growing industrial demand, especially as the global energy transition accelerates. Strong demand from the solar energy sectors, electric vehicles, and power grid infrastructure projects is contributing to tight supply in the physical market, at a time when mine supply growth remains limited, creating a persistent gap between supply and demand.
Monetary policy and global supply
The report emphasized that expectations related to US monetary policy remain a pivotal element in determining silver price trends during the coming period. Markets expect the Federal Reserve to adhere to a cautious approach in the near term, while keeping the door open to monetary easing later this year if indicators of economic slowdown worsen, which enhances the attractiveness of non-yielding assets, such as silver.
The decline in the US dollar index during the month of January, along with bond market fluctuations, also contributed to a portion of capital moving from fixed income instruments to solid assets, led by gold and silver, as investors sought to hedge against interest rate fluctuations and economic uncertainty.
Future prospects for the silver market
The report indicated that central banks do not usually rely on silver as a reserve asset, due to its close connection to industrial uses, but institutional investors and individual investors have found it an attractive alternative in light of the decline in confidence in the US dollar and the escalation of geopolitical risks.
With the sharp rise in gold prices during the recent period, silver has emerged as a relatively less expensive option to benefit from the boom in precious metals, with its prices likely to reach the level of $300 per ounce during the year 2026, as the current supportive factors prevent the continuation of fundamental changes.
