Silver Price Now Equals Oil in a Major Market Shift Not Seen in Years

Silver just pulled a fast one on the energy markets.

The Parity Play

Forget the usual suspects. A historic alignment has silver trading at the same price point as crude oil. It's a market anomaly that hasn't reared its head in years, flipping traditional commodity hierarchies on their head.

What's Driving the Flip?

Industrial demand is cutting through the noise. Green tech and electronics manufacturing are bypassing slower sectors, creating a pull that rivals the energy complex's own gravitational force. Meanwhile, supply constraints are tightening the screws.

The New Calculus

This isn't just a blip. It's a fundamental re-rating. Investors are now forced to weigh ounces of silver against barrels of oil with a fresh scorecard—a headache for traditional portfolio managers who'd rather stick to their dusty playbooks.

One asset's safe-haven scramble is another's industrial surge. In a world chasing both energy security and technological sovereignty, two seemingly unrelated commodities just found themselves on the same price page. It's a stark reminder that in today's markets, the only constant is the fee your broker collects.

Silver Price Hits Parity With Oil

Silver price has been the new breakout asset of 2025. Apart from gold, silver has been outperforming major assets, rising steadily in the radar. In this process, it has hit a price parity with oil, as explained in detail by a post uploaded by the Kobeissi letter. The post outlines how one silver ounce is currently worth $63.80, which is more than the current price of WTI crude oil, priced at $57.30. To simplify this further, silver has surged more than 205% since 2022, leaving the markets stunned globally.

Additionally, WTI crude oil is having its worst year since 2020, as its price has been trading at its lowest since the pandemic year.

BREAKING: Silver prices have reached parity with oil prices for the first time since the 1980s.

One silver ounce is currently worth $63.80, or $6.50 more than one barrel of WTI Crude Oil at $57.30.

By comparison, WTI Crude Oil prices were 5.5 times higher than silver prices in… pic.twitter.com/clNI6GOOYa

Silver Future Forecast

According to Rashad Hajiyev, the silver price is bound to increase with time, as its price chart shows developing new elements. For instance, the asset has now broken a cup and handle formation that it was in for the past 45 years, with predictions of the asset hitting $70 soon.

Silver broke out from a 45-year Cup & Handle formation in October 2025 having crossed historic all-time high $50. In 2025 alone silver more than doubled having gained 120% up to date. I believe, next station is $70 area.
The measured MOVE of a mega Cup& Handle formation targets… pic.twitter.com/TgsWUVFMA5

Hajiyev later shared how his immediate price target for silver is $75, with the asset claiming the aforementioned price in the next two weeks.

My immediate minimum target for Gold is $4.7k and silver $75 within the next 2-3 weeks (not an investment advice)…