Precious Metals Performance: Gold has risen over 55% this year, while silver has surged nearly 75%, driven by concerns over the dollar, fiscal deficits, and geopolitical instability.
Market Dynamics: Central-bank buying has significantly contributed to gold's rise, and expectations of interest-rate cuts have increased the appeal of non-yielding assets like gold and silver.
Silver's Unique Position: Silver reached an all-time high recently, surpassing a record from 1980, with strong demand from industrial applications and stagnant supply contributing to price pressures.
Consumer Trends: India and China are the largest consumers of silver, with increased purchases during festival and wedding seasons, as high gold prices have pushed many buyers towards silver.
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
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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.
