Regarding Silver Prices…
Hey All,
I feel the need to come on and give some back ground about what is going on in the silver market and explain some decisions I’ve made due to the huge increase in the cost of buying silver at this time.
There are 5 primary reasons for what we are seeing in the Silver Market
There is a strong investment demand and price speculation.
Investors are buying more silver for “Safe Haven” investments and believe the prices will continue to rise.- This is pretty typical for precious metals during times of geopolitical and economic uncertainty.
There is surging industrial demand
Silver is heavily used in electronics, including things like solar panels, electronic vehicle, electronic devices, advanced electrical systems, and AI Data centers. All growing industries
The supply has not kept up with demand, and there are significant challenges to increase production
Consumption of silver is outpacing mining and recycling. A good portion of silver is mined as by-product of other metals, so production is not easily increased, even when prices rise. Lastly, inventory of silver in the major exchanges have been in multi-year lows.
Geopolitical tensions, Inflation Concerns and other economic trends
Lower interest rates and higher inflation expectations tend to lift the prices of precious metals, including Silver, because they are considered a “Safety” asset. The silver doesn’t pay interest, so it is not subject to the interest rate losses of other investment classes. And the crazy that is happening around the world is creating a lot of uncertainty.
Regional Policy dynamics and trade policies.
Importing duty changes- aka Tariffs- are causing additional costs in various areas. where silver is mined and sold. This is being passed on in the cost of the metal
So all that to say high demand + low supply= More $$$$ for those of us who buy this stuff.
At the start of 2025, I was paying around $40 a troy ounce for my Argentium Silver wire. As of today- Jan 24, 2026- Silver is priced above $100 an ounce. This is before an additional processing cost that gets added on for making it into wire. At the time of writing- Rio Grande- my primary wire supplier, has the Square Argentium Silver wire I use, priced at $122 a troy ounce. This is with a wholesale discount. The 2026 Forecasts are predicting that it will continue to go up, with some speculative models predicting prices to go over $800 an ounce! The silver market can be very volatile, with wide price fluctuations. So there is hope that prices could come back down, eventually.
So where does this leave me and my customers?
Unfortunately it means I’ve had to raise the prices on my existing inventory…Significantly. I simply cannot keep the prices where they were, and afford to buy materials to replace stock. However, I’ve decided that prices will not increase any more than this on existing Silver inventory. You can expect to see new silver pieces higher than the current listings on my website.
It also means that I will be very limited in my ability to offer custom wire wraps in Silver for the foreseeable future. You’ll see fewer Silver pieces in 2026 over all.
The Good News?
Because it has always been a primary goal to make high quality, unique and AFFORDABLE jewelry, I’ve been exploring some lower cost options beyond just Silver and Copper. I’ve expanded my offerings to include Jeweler’s Brass, and I’m experimenting with Stainless Steel wire, to see if I can find a lower cost option that can still give the cool, soothing look of silver. I will be creating some new pieces in these new metals soon. Keep an eye out!
Thank you for your continued support.
~Sarah
