News

Silver: Potential for a test of $30 in next 12 months –Citibank

Analysts at Citibank offers its bullish outlook on Silver, predicting that the white metal could rise as high as $30 over the coming year.

Key quotes

“Sees silver rising to $25 in the next six to 12 months, with a potential for $30 based on the bank’s bull case.

Silver is additionally supported by a recovery in global economic activity.

The demand for a store of wealth should also lift silver.”

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.