Are Bullion Dealers in Perth Prepared for the 2026 Silver Surge? (Expert Predictions)

Silver has gone into 2026 with an energy that has not been experienced in decades. The metal is currently at levels that most analysts believed would have taken years to reach, after reaching a high of about US$51 per ounce. The demand is soaring, the supply is restricted, the investors are moving back to hard assets, and the projections are incompatible between the cautious plateaus and supercycle possibilities.

In the case of Perth, a city in the centre of the precious metal business in Australia, the question is straightforward: are the bullion dealers prepared for what may be the most intense silver market in the modern era?

We can look into this by analysing what experts are forecasting and the degree of preparedness of the bullion dealers in Perth in the event of the 2026 silver boom.

Why Silver Is Surging Into 2026

The reason for the  silver boom is based on two unrelenting factors: industrial demand and supply deficits.

1. Industrial Demand Is Soaring

Silver is essential for:

• Solar panels
• Electronics
• Electric vehicles
• Batteries
• Medical equipment

Since most silver is extracted as a by-product of other metals, it is not produced rapidly even when its prices go high. This is the ideal pressure for the rapid increase in demand with slow supply.

2. Five Years of Supply Deficits

By 2025, worldwide demand for silver exceeded what mines could supply for the fifth consecutive year. And there are no indications that things will change soon. 

There are daily pressures on Perth dealers as well. Gaining access to physical silver is becoming increasingly complex, even in Australia, despite its strong mining sector.

3. Investment Demand Is Back

The weaker US dollar, anticipated rate reduction, and rising gold market prices have encouraged investors to shift their focus to silver. This shift is due to gold's lower cost, greater volatility, and potential for high growth.

Inflows into ETFs are reviving, and safe-haven purchases are increasing once again.

The Risks: Volatility and Sharp Price Swings

Silver is known for its wild character despite the bullish tone. Analysts warn that:

• The demand in industries might weaken if the world's growth rate decreases.
• ETF flows could reverse
• During high prices, the demand for jewellery and coins can decrease.
• Rapid changes in the policy by the central bank may lead to corrections.

The dealers in Perth planning for 2026 must be both optimistic and cautious. Excessive stocking may put them at risk of an abrupt fall. A low level of stocking may result in them being unable to fulfil demand during spikes.

What the Big Banks Think: The 2026 Price Forecasts

Here is what major banks are saying about prices for 2026. Many of those silver predictions from early 2025 are now outdated. When silver was in the mid-$30s, predicting $35 seemed bold. Now, with prices at $51, that exact prediction suggests a decline. It is interesting how quickly things can change.

This is the position of great institutions now:

• Bank of America: US$65 – A high, structural-deficit perspective. From today’s price, that’s ~27–30% upside.
• UBS: US$52-55 (with a chance of US$60) – Minor short-run gains of nearly 8%, but potential of going to US$60 in case of further tightening.
• Citigroup: US$42 – Among the limited bearish opinions, there is the possibility that there will be a reversal in case uncertainty is eradicated.
• HSBC: US$40-55 range – Indicates that the price of silver might fall to the mid-40s and then recover.

What This Means for Perth’s Bullion Dealers

Perth is distinctively located. Western Australia is home to:

• one of the largest refineries of precious metals in the world,
• an effective mining and export system,
• a culture of deep investors, a result of decades of gold and silver mining.

The majority of Perth dealers already operate in an environment where supply chains are moving at high speeds, investors are active, and global demand influences local availability within a few days.

The following is their readiness in line with existing trends:

Strong Refiner and Mint Support

Perth dealers enjoy the presence of:

• The Perth Mint
• Local refineries and distributors on a large scale.
• Well-established logistic routes.

This implies that they can replenish quickly compared to dealers in most other cities around the world.

Experience With Tight Physical Markets

Western Australia dealers are not strangers to:

• Physical shortages
• Long back-order periods
• Investment rushes

They have witnessed it in gold rushes, supply chain disruptions, and even bull runs of the past.

Better Hedging Tools

Most well-regarded Perth dealers already employ:

• Futures market hedging
• Pre-order systems
• Automated price-locking
• Open buyback prices.

The tools will be used to safeguard the business, as well as its retail clients, in cases of price variation.

Are Perth Bullion Dealers Prepared?

Short answer: yes, in general; however, the extent of the silver surge requires complete preparation.

What They Are Well-Prepared for:

• Daily investor demand
• Moderate rallies (US$52-60)
• ETF-driven trends
• Regular buybacks
• Online order growth

What Could Stretch Them

• A supercycle impulse to the US$70-90 level
• Severe deficits of physical silver.
• Investor rushes by rapid inflation.
• Volatility caused by sudden changes by the central bank.

Perth has the infrastructure, experience, and supply chain strengths necessary for operating in a strong bull market. However, once the most optimistic predictions are realised, dealers will likely face considerable pressure as never before, especially when it comes to physical availability and premium stability.

Conclusion

The fact that silver will enter 2026 at approximately US$51 is not just a headline; it is also an indication of structural changes happening in the world of precious metals. In the case of Perth, a city closely linked to Australia's mining and bullion environment, the following year may rewrite the history of the silver market.

Most local bullion dealers are equipped to manage increased demand, limited supply, and consistent price increases with ease. If you’re looking to invest, stay alert—monitor premium movements and engage with reputable dealers in Perth. For silver investments, reach out to Perth Bullion Exchange.