Current Silver Prices and Market Trends: Silver prices are currently around $40 an ounce, the highest since 2011, with a projected market deficit for the fifth consecutive year in 2025. Silver-backed ETFs have seen increased investments, leading to reduced stockpiles and market tightness.
Industrial Demand and Growth Factors: Silver's industrial demand is rising, particularly in green energy applications like solar power and electric vehicles. China's solar boom and the rollout of 5G technology are significant contributors to this increased demand.
Impact of Federal Reserve Policies: The Federal Reserve is expected to cut interest rates, which may weaken the U.S. dollar and subsequently boost silver prices, as silver is priced in dollars. A softer dollar typically supports precious metal prices.
Investment Opportunities in Silver ETFs: Investors can consider various silver ETFs, including iShares Silver Trust (SLV) and others like abrdn Physical Silver Shares ETF (SIVR) and ProShares Ultra Silver (AGQ), to capitalize on potential gains in the silver market.
Wall Street analysts forecast SLV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SLV 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 SLV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SLV 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.
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Current: 83.960
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Current: 83.960
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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.
