Is Silver Undervalued in 2026 Market

After adjusting for inflation, silver remains significantly below its historical peaks of $50 per ounce recorded in 1980 and 2011. Current prices range between $32 and $35 per ounce, despite widening structural supply deficits.Many analysts therefore consider silver one of the most undervalued commodities in today’s market. If industrial demand continues rising , several forecasts suggest a potential breakout toward the $50 level by 2027.

Artificial intelligence data centers rely heavily on silver due to its superior electrical conductivity.It is widely used in high-speed processors, advanced switches, and coated wiring systems that power AI infrastructure. As global AI adoption accelerates, this specialized demand has added an estimated 18–20 million ounces of annual silver consumption by 2026.This technology-driven expansion strengthens silver’s industrial importance beyond traditional uses such as solar energy .