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      • Through the remainder of 2024 and into 2025, analysts forecast the price of silver to rise as buying increases because of geopolitical tensions, the U.S. presidential election and the anticipated actions by the Federal Reserve.
      www.benzinga.com/money/silver-price-forecast-short-long-term-silver-price-prediction
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  2. This 2024 silver price prediction looks at factors impacting the future silver price in the year ahead and offers a silver price forecast for the next 5 years.

  3. Sep 17, 2024 · What’s the silver price outlook for the future? First Majestic Silver CEO Keith Neumeyer's silver price prediction sees it reaching $100 per ounce.

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  4. The LBMA Silver Price is the global benchmark, with the price set each working day at 12:00 GMT. A variety of market participants are involved in this process — from jewellers, producers, and refiners to investment banks and central banks.

  5. May 31, 2024 · Key Highlights. Diverse Expert Predictions: 2023-2028 forecasts show silver prices potentially reaching between $18 to $100, influenced by factors like industrial demand and global economic trends. Industrial Demand Surge: Record industrial demand, especially in green technologies and consumer electronics, is a major driver of silver prices.

  6. 6 days ago · The silver price forecast is revised upward, anticipating silver to average $30/oz in 2024. A higher price of silver could drive investment in silver-backed ETFs. Supply deficit seen widening in 2024 due to continued decline in silver mine production, providing a tailwind to the silver price. Table of Contents. Silver Price Forecast Summary.

  7. The silver price forecast for 2024 is not clear-cut, but most forecasts point to an increase. Based on the sources we have reviewed, we can conclude that: The price of silver will likely increase moderately in the next few years. Silver prices are influenced by factors such as inflation, industrial demand, and the strength of the US dollar.

  8. According to Capex, median silver prices in 2024 are projected to be 24.85 USD per ounce, with highs at 34.70 USD. The World Bank expects the metal to trade within the range of 20-25 USD in the next five years. Heraeus economists expect the quotes to move within the range of 22-29 USD in 2024.