New UBS Forecasts Predict Silver Prices to Hit $38 by Mid-2025 UBS has raised its silver price forecasts, projecting the metal to reach $34 per ounce by the end of September, $36 by the end of 2024, and $38 by June 2025, driven by strong industrial demand and potential undersupply. Despite a recent price pullback, UBS anticipates continued silver outperformance, with industrial demand, particularly from the photovoltaic sector, rising significantly. Supply challenges, including mine shutdowns in Peru, are expected to contribute to a market shortfall, supporting higher prices. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Record High Industrial Demand for Silver Anticipated in 2023 READ MORE BullionStar In the News – Mediacorp Channel 8 April 17th, 2024 READ MORE Fed Chair's Dovish Turn Sparks Debate on September Rate Cut Size READ MORE UAE Aims for Gold Standard in Online Trading Transparency READ MORE UBS Sees Strong Potential in Commodities, Elevates Precious Metals Allocation READ MORE Add a Comment Cancel replyYour email address will not be published.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