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Silver prices to ‘languish between $50 and $100 for years’ - Bloomberg’s McGlone
Although the silver market is expected to see its sixth consecutive annual supply deficit, that might not be enough to drive prices back to their January highs, according to one market strategist. In his latest note on silver, Mike McGlone, Senior Market Strategist at Bloomberg Intelligence, reiterated his relatively muted outlook for the precious metal, saying that silver prices could “languish between $50 and $100 for years.” McGlone’s comments come as silver prices remain unable to consistently hold gains above initial resistance at $80 an ounce. Spot prices last traded at $78.69 an ounce, down 0.22% on the ... (full story)
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- Apr 16, 2026 1:58pm Posted byFundamental Analysis195
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