Silver Uncoils Driving Towards $65/oz in 2026

Coiling is Over, Advancing Now

12/04/2025

UBS Outlook and Price Targets

In the latest note from UBS, Dominic Schnider and Wayne Gordon raised their silver price forecasts by USD 5-8/oz, projecting average prices of USD 60/oz in 2026, with upside excursions toward USD 65/oz possible but unlikely to persist.

"We have increased our silver price forecasts by USD 5-8/oz and now expect the metal to trade at USD 60/oz in 2026with upside excursions toward USD 65/oz possible"

- UBS

Additional tailwinds may emerge from expanding data-center construction driven by artificial intelligence infrastructure spending and from automotive electrification trends.

Despite incremental supply growth, UBS expects the physical market to remain in structural deficit. The 2025 shortfall is estimated near 300 million ounces, narrowing only modestly to approximately 293 million ounces in 2026, a deficit profile that continues to underscore the tightness of the global silver balance.

** Information contained within this email should not be construed as Legal, Accounting, Tax or Investment advice. Patriot Gold Group is a Gold & Silver Dealer, representatives are NOT Licensed Financial Planners and do NOT give investing or tax advice.

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2026 Will Be the Year of Hard Assets

Monday, Dec 01, 2025

We're talking about hundreds of billions if not TRILLIONS of dollars in capital moving out of paper assets and into hard assets like gold as the $USD drops like a brick.

The financial system is currently undergoing a tectonic shift from paper assets to hard assets. And this has the potential to create life-changing profits for those who invest accordingly.

There are two reasons for this tectonic shift:

The AI technology race is now a matter of strategic importance to the U.S. As such, the Trump administration will NOT be reining in its fiscal spending/ capital allocation as doing so opens the door to China winning the AI "arms race."

The Fed has no option but to "inflate away" the U.S.'s debts via currency devaluation/money printing. The Trump administration's fiscal spending means the U.S. is now adding $1 trillion in new debt every 100 days. If the U.S. is to avoid a debt crisis, the Fed will have to print money and use it to buy the U.S.'s debt.

** Information contained within this email should not be construed as Legal, Accounting, Tax or Investment advice. Patriot Gold Group is a Gold & Silver Dealer, representatives are NOT Licensed Financial Planners and do NOT give investing or tax advice.

About Patriot Gold Group CEO Jack Hanney

**Information contained within this email should not be construed as Legal, Accounting, Tax or Investment advice. Patriot Gold Group is a Gold & Silver Dealer, representatives are NOT Licensed Financial Planners and do NOT give investing or tax advice.