Silver Price Prediction for Next Week

Published Date: February 28, 2026
Updated Date: February 28, 2026
By Team Choice

Silver Price Prediction for Next Week (2nd - 6th March 2026)

Support 2	Support 1	CMP	Resistance 1	Resistance 2
224,470	262,371	281,990	300,000	325,000

MCX weekly silver prices surged more than 10%, while COMEX silver climbed above $92 per ounce on Friday, marking nearly two-month highs. The sharp rally was driven by strong investor rotation into precious metals amid rising trade tensions and escalating geopolitical risks. Safe-haven demand intensified after reports that the US and Israel assessed there was "no path for negotiations" with Iran, alongside the US State Department authorizing the departure of non- emergency personnel from its embassy in Israel due to safety concerns. Silver is also benefiting from a broad "debasement trade" after the US administration invoked Section 122 to impose a 10% global tariff, with markets pricing in a possible hike to 15% following a recent Supreme Court ruling. This protectionist stance overshadowed a hot January core PPI print of 0.8%, which supported a resilient US Dollar and delayed expectations of the first fully priced Federal Reserve rate cut to July. Despite hawkish signals, falling US 10-year yields below 4% and liquidation in Al-infrastructure equities further boosted silver's appeal.

After a fall from its all-time high level, Silver price has found its support at 225,805 in February and managed to close at 281,990, posted a mild decline of -3%. We can observe a indecisive candle on Monthly chart. Like Gold, Silver has also resumed with gapped higher in past week and traded back & forth in the middle of the week, however, settled on a higher note on Friday. Price has remained above its key moving averages i.e. 20, 50 and 100-DEMA levels placed at 262371, 253646 and 224470 respectively. Daily SAR is placed at 225,805. Immediate hurdle would be at psychological level of 300,000 and breakout of this level will accelerate upward momentum in Silver towards its next hurdle placed at 325,000. Gold/Silver ratio has declined for 2nd consecutive week, dipped below 60:1, suggests that Silver is out-performing the Gold price.The momentum indicator, RSI levels remained above 50 on Daily as well as Weekly chart. Also, we can observe a bullish crossover on Daily MACD below zero-line alongside emergence of positive histograms. These suggests overall bullish biasness in Silver.

We are expecting Sideways-to-Bullish trend in Silver in upcoming week and traders may opt for Buy-on-dips strategy.