UBS forecasts silver prices to reach $80 by end of 2027
UBS UBS Group AG
$46.37 -1.07%
View chart & analysis → - 1UBS Global Wealth Management projected that silver prices will reach $80 per ounce by the end of 2027.
- 2Based on a silver spot price of $55.90 on October 22, UBS set a silver price target of $70.00 by December 2026.
- 3The Silver Institute predicted that total industrial manufacturing demand will decrease by approximately 2% in 2026.
So what's the key point?
UBS predicts that silver prices will rise to $80 by the end of 2027. This means that silver prices are expected to increase even though the demand used to manufacture silver is projected to decline.
Source Investing.com · View original ↗
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