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Citigroup Predicts 13% Surge in Silver Prices for 2025
Citigroup forecasts a 13% surge in silver prices in 2025, even suggesting the shiny metal could outperform gold in the latter half of the year. The bank raised its benchmark following silver’s recent spike, blowing past 14-year peaks and capitalizing on impressive first-half gains. Analysts cite booming demand from industrial and investment sources, mining and supply challenges, and shifting investor behavior as major boons to silver prices. In a recent note to investors, Citigroup analyst Max Layton upped the bank’s 3-month silver price forecast to $40/oz and 6-12 month forecast to $43/oz. The shiny metal is ... (full story)