Sprott Executive Predicts Continued Precious Metals Momentum Through 2026

Sprott Inc. (NYSE: SII) concluded 2025 with assets under management reaching an all-time high, according to company statements. Steven Schoffstall, Director of ETF Product Management at Sprott, attributed the strong performance to multiple factors, including solid returns across all metals the company tracks and significant new investor interest in its precious metals, critical materials, and mining company exchange-traded funds.

Schoffstall explained the broader context driving investor behavior in an interview with Benzinga, noting that geopolitical and economic uncertainties typically benefit precious metals. "A lot of times it's that geopolitical uncertainty, economic uncertainty," Schoffstall stated. "We're seeing trade wars and threats of tariffs. All of that bodes well for precious metals traditionally." The executive's comments highlight how market volatility and international tensions create conditions favorable for metals as alternative investments.

Looking ahead to 2026, Schoffstall identified silver as having particular potential due to its dual role as both a precious metal and industrial commodity. Approximately 60% of silver demand comes from industrial applications, including artificial intelligence and semiconductor manufacturing. "A lot of what we saw in 2025 is likely to carry through into 2026," Schoffstall said regarding precious metals performance. This perspective suggests that the factors driving current market dynamics—including industrial demand and investor sentiment—will persist through the coming year.

The company's success reflects broader trends in the commodities sector, where precious metals have gained attention amid fluctuating economic indicators. Schoffstall's analysis, originally published on Benzinga, provides insight into how investment firms interpret market signals and position their products accordingly. The continued emphasis on metals as both financial instruments and industrial components underscores their complex role in global markets.