According to Shahr -e- Bours, silver trading on Thursday is in a completely static state. Tomorrow is January 1, 2026, marking the beginning of the New Year; this means the global silver ticker (XAG/USD) is turned off, and no new rates are registered for the ounce of silver. When the main anchor for pricing—the “global price”—is fixed, fluctuations in the domestic market drop to the absolute minimum.

In the Tehran market, Thursday is also a short working day. Considering that yesterday (Wednesday) the market was closed due to emergency measures and the Dollar is also in a resting phase, there is virtually no motivation for buying or selling silver. Prices in the physical market (granules and bars) will remain exactly at the closing rates of Tuesday, with no changes expected.

Analysts believe that silver currently has no bubble and moves entirely in dependency on the Dollar. However, since the Dollar will receive no signals from the Dirham tomorrow due to the holiday, the silver market turns into a “trendless” market. Dealers might announce different prices, but since no actual trades take place, these quotes lack validity.

Forecast for Jan 1, 2026: It is predicted that tomorrow, the silver market will pass a quiet and motionless day. Traders and silver workshops are waiting for the markets to reopen on Saturday. Investors are advised to refrain from buying or selling during global holidays when the market lacks depth, as there is a risk of false pricing.