Since our original article the silver price has shot up dramatically.
Silver prices to go through the roof.
The price of silver has been on a run for a while now.
The silver price forecast at the end of the month 27 02 change for september 5 3.
Why silver prices are going through the roof.
In conclusion the price of silver looks set to go through the roof remember it has.
Commodities gold silver sep 20 2007 01 57 am gmt.
The silver price forecast at the end of the month 26 70 change for october 1 2.
The average for the month 26 78.
The highest price for silver was just under us 50 in the 1970s.
And while silver bulls go on a rampage other investors will be left in the dust.
Why silver is set to go through the roof.
In the beginning price at 27 02 dollars.
It came close to that level again in 2011 when it hit us 35 12 more than double the 2009 average silver price of us 14 67.
High price 28 04 low 25 37.
That s against prices at the time of writing around 17 50.
Through july 23 it s now up 26 year to date.
Mr alexander has warned the housing market is facing the worst price falls since the 1890s without significant intervention such as changes to superannuation allowing members to own a home within.
Silver s price has an upside potential of 30 22 oz in 2020 and an upside potential of 65 28 oz in 2021.
The average for the month 27 43.
The majority of analysts may not change their official forecasts for the year but this kind of price movement shows just how volatile silver can be.
Don t be one of them.
On tuesday silver closed at a price of rs 62 500 per kg.
However this is not a raging bull market it is in an early stage in 2020 and might start picking up in 2021.
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Silver price forecast for october 2020.
And from its march low it has spiked a whopping 85.