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 The Dollar's Reign to End Eventually, but Not Anytime Soon, Says Krugman READ MORE The Asset that Soared 100X Past Gold READ MORE Global Platinum Market Faces Increased Deficit in 2024, Says WPIC READ MORE Gold Holds Steady as Markets Anticipate Critical U.S. Jobs Data READ MORE U.S. Job Surge Puts Pressure on Fed's Inflation Strategy READ MORE Add a Comment Cancel replyYour email address will not be published.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