Silver Price Analysis: XAG/USD to advance toward $25 by end-2023 – Commerzbank Silver XAGUSD Banks Gold Metals
“Industrial demand is expected to mark a record level, as is demand for coins and bars as well as jewelry and silverware. This prospect and our forecast of a higher Gold price argue for a rising Silver price.”
“With the easing of corona restrictions in China, Silver demand should receive a further boost, as China is the largest consumer of Silver.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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