Home Silver: Potential for a test of $30 in next 12 months -Citibank
FXStreet News

Silver: Potential for a test of $30 in next 12 months -Citibank

Analysts at Citibank offers its bullish outlook on Silver, predicting that the white metal could rise as high as $30 over the coming year.

Key quotes

“Sees silver rising to $25 in the next six to 12 months, with a potential for $30 based on the bank’s bull case.

Silver is additionally supported by a recovery in global economic activity.

The demand for a store of wealth should also lift silver.”

  • Silver Price Analysis: Bulls in charge at highest levels since 2013, critical structures identified

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.