DATASET

LBMA Silver Price Forecast Analysis — Accuracy & Consensus Data

AhaSignals' analysis of the LBMA Annual Silver Price Forecast Survey, covering 2020–2026 with 171+ individual analyst predictions. This page provides derived analytical metrics including accuracy rankings, consensus divergence indices, and dispersion scores. Silver forecasts are particularly interesting due to the dual industrial/monetary demand narrative. For the original survey data, please visit the LBMA directly.

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Total Records

171+

Date Range

2020–2026

Format

Analysis

Update Frequency

Annual (Jan)

Data Preview

YearAnalystInstitutionForecastSentiment
2026Bart MelekTD Securities$44.25Cautious
2026Bernard DahdahNatixis$52Cautious
2026Jacob SmithMitsubishi Corporation$61Moderate
2026Frank SchallenbergerLBBW$63.2Moderate
2026Caroline BainBain Commodities$63.5Moderate
2026Srivatsava GanapathyEventell Global Advisory P Ltd.$64.5Moderate
2026Nicky ShielsMKS PAMP SA$65Moderate
2026Rohit SavantCPM Group LLC$67.25Moderate

Showing first 8 rows of analysis data.

📊 DATA SOURCE & ANALYSIS

LBMA Silver Forecast Survey Data

Analysis based on 171+ analyst forecasts · 2020–2026 · accuracy metrics computed by AhaSignals

  • Consensus divergence analysis (CDI)
  • Forecast accuracy rankings
  • Dispersion score tracking
  • Historical error analysis
  • Institutional vs independent comparison
  • Narrative cascade detection

Original Data Source

The raw forecast data is sourced from the LBMA Annual Precious Metals Forecast Survey, published each January by the London Bullion Market Association. For the original survey data, please visit the LBMA directly.

Visit LBMA Official Site ↗

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Methodology & Notes

Data analysis is based on the LBMA Annual Forecast Survey for silver, published each January alongside the gold survey. Silver forecasts reflect the unique challenge of pricing an asset with both industrial demand (solar, electronics, AI) and monetary/investment demand. AhaSignals compiles derived analytical metrics (accuracy rankings, consensus divergence, dispersion scores) from publicly available LBMA publications and cross-references with historical actual prices from the London Fix. For the original survey data, visit lbma.org.uk.

Frequently Asked Questions

What is the LBMA Silver Forecast Survey?
The LBMA Annual Silver Forecast Survey collects calendar-year average silver price predictions from precious metals analysts at banks, trading houses, and research firms. It is published alongside the gold survey each January.
How many analysts are covered in the analysis?
Our analysis covers 171+ individual analyst forecasts spanning 2020–2026. Silver typically has fewer participants than gold, reflecting the smaller analyst coverage universe.
Why are silver forecasts harder than gold?
Silver has dual demand drivers — industrial (solar panels, electronics, AI infrastructure) and monetary/investment — making it harder to forecast. Industrial demand is cyclical and tied to manufacturing activity, while investment demand is driven by the same safe-haven factors as gold.
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Data provided for research and educational purposes only. Not investment advice. See methodology.