Sprott Sees strong long-term Silver outlook despite recent price volatility

Sprott Asset Management Director, ETF Product Management Jacob White joined Steve Darling from Proactive to discuss the outlook for the silver market, highlighting recent price volatility, long-term demand drivers, and ongoing supply constraints that continue to shape the metal’s investment case. White said silver has experienced significant price swings over the past two years, climbing from an average of roughly US$24 per ounce in 2024 to as high as US$117 to US$118 per ounce in early 2026, before pulling back to around US$60 per ounce. Despite that correction, he noted that silver remains well above historical price levels. The discussion focused on silver’s unique dual role as both a monetary metal and an industrial commodity. White said the metal has benefited from many of the same macroeconomic forces that have supported gold, including central bank activity, inflation concerns, and broader fears of currency debasement. At the same time, industrial demand for silver contin...