Silver Rally and ETFs: Silver prices have surged to over $46 per ounce, the highest since May 2011, with ETFs like iShares Silver Trust (SLV) and abrdn Physical Silver Shares ETF (SIVR) gaining between 1.9% and 3.2%.
Market Dynamics: The excitement around silver is fueled by increasing industrial demand and a supply squeeze, while central banks are adding to their silver reserves as a hedge against inflation.
Investment Appeal: SLV and SIVR offer convenient exposure to physical silver without storage issues, while SIL and SILJ provide riskier investments linked to mining stocks.
Volatility and Predictions: Despite the bullish sentiment, silver's history of volatility raises concerns about potential corrections, with Robert Kiyosaki predicting a significant increase in silver value.
Wall Street analysts forecast SIVR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SIVR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast SIVR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SIVR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 88.110
Low
Averages
High
Current: 88.110
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
