While silver has a variety of industrial uses, the metal’s price is still heavily influenced by its use as a value store, similar to gold, industry analysts at Moody’s say. Based on this view, the credit ratings firm has set a price sensitivity range of $17-$21/oz for silver, which will be used to evaluate risk when analyzing credit conditions of mining companies in the sector. Analysts are expecting silver spot prices to remain at or above the top end of this new range through the first half of 2021, based on recent spot silver prices of more than $26/oz. Silver miners cannot rely on those high prices persisting, ... (full story)