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UBS: Buy Silver Now Before It Soars
Investors have a closing window of opportunity to snag silver around $30 per ounce before prices soar to $38 by the end of 2025, says UBS. The bank attributed silver’s recent pullback to a “risk-off” market spasm following Trump’s blanket tariff rollout and the resulting stock market slump. On a macro level, upcoming interest rate cuts and a sliding dollar support higher silver prices. Analysts also point to robust demand and a tightening supply for boosting the shiny metal’s luster. Throughout 2024, silver kept pace with gold as both metals provided similar yields. This trend continued into the first ... (full story)