UBS Forecasts Silver Price Rebound Following Fed Rate Cuts UBS analysts predict a potential short-term decline in silver prices due to a strong US dollar and reduced speculative positions, but expect a rebound within 6-12 months. This optimism is based on strong industrial demand, particularly from the photovoltaic sector, and a slight contraction in mine output. The anticipated Federal Reserve rate cuts later this year are expected to weaken the dollar, potentially boosting silver prices. UBS suggests that investors less bullish on silver consider selling downside risks from $26.1/oz over three months. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Insider Alert: Mike’s Made Two Changes to His Portfolio READ MORE Tech Stocks Lead $1 Trillion Wipeout Amid Global Market Meltdown READ MORE Gold Nears Record High as Inflation Report Boosts Rate Cut Odds READ MORE Credit Card Debt Climbs: 56 Million Americans in Prolonged Debt Amid Economic Pressures READ MORE Truist Shares Why Gold Still Has More Upside READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment