• Silver Price Analysis: XAG/USD to rebound towards $25 by year-end – ANZ

Noticias del mercado

29 septiembre 2023

Silver Price Analysis: XAG/USD to rebound towards $25 by year-end – ANZ

Strategists at ANZ Bank analyze Silver (XAG/USD) outlook.

Investment demand to reverse

Silver is facing a double whammy: expectations of a rise in US interest rates curbing its investment appeal and a weaker Chinese economy weighing on industrial demand. These two drags are driving a recent liquidation of Silver investments. 

We expect investment demand to reverse, consistent with fundamentals, and for prices to rebound towards $25 by the end of this year.

See – Gold Price Forecast: XAU/USD to trade near $2,000 by year-end – ANZ

 

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: