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Showing posts with the label Silver Trends

Silver reached its highest point for the year!

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Top trends that will affect the white metal in 2025!    Dean Belder, Silver Investing Analysts wrote that, Top trends that will affect silver in 2025! Silver reached highs not seen since 2012 this past year. What trends will drive the white metal in 2025, and will its price gains continue? The silver price reached highs not seen since 2012 this past year, supported by an ongoing deficit and increasing interest from investors as geopolitical concerns prompted safe-haven buying.   The white metal reached its highest point for the year in October, breaking through US$34 per ounce on the back of a shifting post-pandemic landscape and geopolitical tensions. However, Donald Trump's victory in the US presidential election just a few weeks later buoyed bond yields and the US dollar while weighing on silver and gold. What will 2025 hold for silver? As the New Year approaches, investors are closely watching how Trump's policies and actions could impact the precious metal, ...

Silver forecast to cross the US$30 level in 2021

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Silver annual average likely to rise by 40 percent!   What’s the silver outlook for 2021? Market watchers are optimistic that silver will continue its price gain and outshine gold! Such points are focussed in the recently published report, Silver Price Forecast and Silver Stocks by INN.   The report says, the 2020 silver market was resoundingly resilient in the face of many challenges. While Covid-19 bore down on most commodities, silver displayed its best performance in a decade. From its lowest to highest point this year, silver climbed an impressive 137 percent; that’s compared to gold ‘s increase of 38 percent over the same time horizon. The white metal also reached a seven year high in August, trading for US$28.32 per ounce after sinking to an 11 year low of US$11.59.  The comeback highlights silver’s ability to outperform gold. Now holding in the US$23 price range, analysts and sector participants are optimistic that the precious metal will continue its price ga...