Silver has just pulled off a rare macro shift — it’s trading at price parity with oil for the first time since the 1980s, a development that’s turning heads across markets and likely to interest crypto investors watching macro safe-haven flows. Numbers that matter - One troy ounce of silver is trading around $63.80, while a barrel of WTI crude is about $57.30 — meaning silver currently commands roughly $6.50 more than a barrel of oil. - That’s a dramatic reversal from mid‑2022, when WTI was about 5.5x more expensive than silver. Since then silver has rallied roughly +205–206%, while oil has dropped about -44%. - On an annual basis, WTI is on track for its worst year since the pandemic (down ~20%), whereas silver is having its best year since 1979 (up ~115% in 2025). What’s driving the move Analysts point to a powerful technical breakout for silver: in October 2025 the metal reportedly cleared a 45‑year “cup and handle” base and exceeded its previous all‑time high near $50. That structural breakout has fueled bullish momentum and raised fresh targets among chart-focused traders. Near‑term targets and commentary Market commentators featured in the Kobeissi Letter and analyst Rashad Hajiyev have pushed price targets higher. Hajiyev argued that $70 is the “next station” and later set an immediate target of $75 within 2–3 weeks (he noted this was not investment advice). Social posts highlighting the parity and historic comparisons have amplified the narrative. Why crypto readers should care Macro rotations between commodities, fiat safe havens and risk assets can redirect capital flows that also affect crypto. A rising precious‑metals bid — coupled with weak oil — signals shifting inflation and growth expectations, which can influence sentiment across equities and digital assets. Bottom line Silver’s outperformance this year and its parity with oil mark an uncommon macro moment. Whether the breakout sustains and pushes prices toward the $70–$75 zone remains to be seen, and market participants should weigh technicals, fundamentals and risk management before acting. Read more AI-generated news on: undefined/news