Soaring Silver Prices Fail to Deter Wall Street's Bullish Enthusiasm

　　 As 2025 draws to a close, silver can be considered one of the most surprisingly performing assets of the year. On Monday, the international silver price broke through $58 per ounce, hitting a record high, with a year-to-date increase of over 100%.

　　 Such a rapid surge has not deterred bullish investors. Clem Chambers, CEO of Online Blockchain PLC, stated that his selling target is $95 per ounce, and the real major rally is yet to come.

　　 Chambers is not the most aggressive voice in the market. Analysts at BNP Paribas have even set a target price of $100 per ounce for next year, highlighting the current market's optimistic expectations for silver price trends.

　　 Chambers also pointed out that while Monday's record-high silver price was related to a system glitch at the Chicago Mercantile Exchange in the United States, this was not the primary cause, nor does it indicate a squeeze scenario. The global silver market is undergoing deeper structural changes.

　　 According to a series of Wall Street studies this year, the future of silver prices depends on five key factors: industrial demand, liquidity risks, hedging needs, investment (speculative) trends, and policy challenges.