Community Forex Questions
What is your prediction about silver?
This year, silver has been the worst performing metal. Even today While some analysts believe the price has likely reached the bottom, long-term forecasts remain bleak. Silver fell 9.7% during the year as the dollar strengthened, making it the worst performing valuable metal. The white metal has fallen for four months in a row, and this poor performance may have prompted trade deal investigators to intervene. Furthermore, according to James Steele, chief precious metals analyst at HSBC, silver has bottomed out and is on the rise as a result of the expected increase in industrial demand for electronics and photovoltaics, which will double the ongoing demand for the distribution trade and gems. Silver, on the other hand, tends to follow gold and copper, both of which are declining. Is As a result, HSBC lowered its forecast for that year to between $22.25 and $23.05 per ounce. UPS, on the other hand, expects to write off the fading commodity exchange at $19 per share next year. I tend to agree with both of them.

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