Silver Prices Reach New High Ahead of U.S.-China Talks
On Tuesday, September 22, 2026, silver prices opened at $66.51 per ounce and briefly hit a high of $67.32 before retreating slightly. This marks the highest level since early September. The price movement is attributed to industrial demand for materials used in AI hardware and solar panels. With upcoming U.S.-China talks involving President Trump and Chinese leader Xi Jinping, investors are watching closely as discussions on tariffs and trade policies could impact supply chains of critical minerals. Silver's year-to-date performance has been strong, with a 52.3% increase compared to one year ago. However, the metal is known for its volatility; in early January 2026 alone, it saw a sharp decline from $113 per ounce to around $77 within weeks. Analysts at BlackRock and J.P.Morgan predict continued growth, with silver potentially reaching $80 by year-end and possibly hitting $100 by 2030. Investor interest in physical forms of silver like coins is also rising due to economic uncertainties stemming from global conflicts and supply chain disruptions. This trend may further influence demand dynamics.
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Topics: AI hardware commodities silver tariffs U.S.-China relations