Best Yet To Come For Silver In 2018

Best Yet To Come For Silver In 2018

Investing.com  | Mar 12, 2018 13:50

Investing.com - Silver prices may be down so far this year, but analysts still expect the precious metal to post solid gains and possibly even outperform its more expensive rival gold.
Analysts say positive market and economic forces are in place to drive silver higher.
The U.S. dollar, which has been weakening for the past year, is expected to fall further. At the same time, inflation, which has recently show signs of a revival, is expected to march higher and may actually become a threat for the first time in a decade.
On the economic front, solid global growth should increase industrial demand for silver, which is a key component in electronics, medicines and solar cells.
Silver futures prices have struggled to hold the $17 an ounce level this year, but the most bullish analysts see a high of $19 an ounce.
Retail investors looking to invest in silver have a number of exchange traded funds from which to choose. The largest and most liquid, the iShares Silver Trust ETF (NYSE:SLV), actually owns silver bullion, and tracks the spot price of silver on world markets. 

Related News

Latest comments

Add a Comment
Please wait a minute before you try to comment again.
ashish Makaria
ashish Makaria

True   ... (Read More)

Mar 12, 2018 18:06 GMT· Reply
Discussion
Write a reply...
Please wait a minute before you try to comment again.

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

English (USA) English (India) English (Canada) English (Australia) English (South Africa) English (Philippines) English (Nigeria) Deutsch Español (España) Español (México) Français Italiano Nederlands Português (Portugal) Polski Português (Brasil) Русский Türkçe ‏العربية‏ Ελληνικά Svenska Suomi עברית 日本語 한국어 中文 香港 Bahasa Indonesia Bahasa Melayu ไทย Tiếng Việt हिंदी
Sign out
Are you sure you want to sign out?
NoYes
CancelYes
Saving Changes

+