2023-10-19 14:02:12

LBMA delegates see silver prices rallying 54% in the next 12 months

Logo Kitco NEWS
Kitco NEWS
By Neils Christensen

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!

(Kitco News) - Precious metals have had a challenging year as investment capital has fled the marketplace due to rising inflation that has forced central banks worldwide to aggressively tighten their monetary policies.

However, despite the challenges, there is still a lot of optimism in the marketplace, according to attendees at the world's largest precious metal investment conference.

AD
AD

According to surveys during the London Bullion Market Association's Global Precious Metals Conference, delegates see gold prices significantly higher by this time next year, reaching $1,830.50 an ounce, representing a nearly 12% gain from current prices.

As bullish as attendees are on gold, they said silver has the most potential. On average, the delegates see silver prices at $28.30 an ounce by October 2023, representing a rally of nearly 54% from current prices.

Continue read on kitco.com

AD
Logo Kitco NEWS
EconomyBy Neils Christensen2023-10-17 17:12:02
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Neils Christensen2023-10-18 15:40:02
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Neils Christensen2023-10-03 15:51:06
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Neils Christensen2023-10-07 21:10:26
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Anna Golubova2023-10-14 17:28:50
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Neils Christensen2023-10-11 19:33:02
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Neils Christensen2023-10-06 17:35:04
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Neils Christensen2023-10-03 20:23:57
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Jim Wyckoff2023-10-13 12:43:41
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Jim Wyckoff2023-10-04 15:46:00
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Jim Wyckoff2023-10-10 16:03:48
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Neils Christensen2023-10-07 17:26:24
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Neils Christensen2024-09-23 18:34:38
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Jim Wyckoff2023-10-04 12:13:28
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Neils Christensen2024-09-28 16:24:38
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Jim Wyckoff2023-10-06 12:02:26
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Neils Christensen2024-09-21 18:06:25
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Vladimir Basov2024-09-21 18:26:39
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Jim Wyckoff2023-10-13 17:17:54
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

Logo Kitco NEWS
EconomyBy Vladimir Basov2023-10-18 15:57:31
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...