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Silver forecast: Could XAG/USD lose its lure?
Gold and silver could fall back as peace talks regarding the Ukraine conflict could sap demand for safe haven assets. And given signs that China’s physical gold appetite has cooled - as indicated by Hong Kong’s recent gold exports data to China - then this could point to a more subdued gold and silver forecast. But the trend has been positive for both metals, especially silver of late. So, until we see a clear reversal signal, it might be too early to speculate on its downside potential. The long-term view remains bullish, regardless of what silver does in the short-term, given expectations of increased ... (full story)