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Silver demand drops as prices soar 140%, UBS warns of further declines amid industrial sensitivity.

Market News
28 May 2026
CNBC
View Source
Bearish
pluang ai news

Silver prices surged over 140% in 2025, but this sharp rise is now reducing demand, especially in industrial sectors sensitive to economic cycles, according to UBS. Unlike gold, silver lacks strong central bank support, making it more vulnerable to shifts in private investment and industrial use. Prices peaked early 2026 but have since fallen, with analysts from UBS, HSBC, and Macquarie forecasting limited upside and potential further declines due to economic and geopolitical uncertainties. Investors are cautioned that silver's volatility and overvaluation make it a less attractive investment compared to gold.

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Bitcoin miners face revenue drop but keep accumulating, pushing BTC price slightly above $65K.

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Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

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Oil prices surge toward $90 as US-Iran tensions and Strait of Hormuz risks escalate.

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