Spot Silver Surpasses US$90 for the First Time
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Source: aastocks
Silver Price Surge: Spot silver prices exceeded US$90 per ounce for the first time, rising over 3% due to low US inflation data and expectations of a Federal Reserve rate cut.
Silver Futures Performance: March delivery silver futures increased by 3.71%, reaching US$89.545, reflecting strong market sentiment.
CHI SILVER GP Stock Update: CHI SILVER GP (00815.HK) saw a 1.37% increase, trading at HK$0.74 with a turnover of 32.222 million shares.
Market Timing Note: The stock quote for HK stocks is delayed by at least 15 minutes.
Analyst Views on 00815
Wall Street analysts forecast 00815 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00815 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: 0.740
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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.
