Bulls Target $5,000 Gold And $38 Silver
The gold forecast, from billionaire investor John Paulson, is further out, targeting 2028 for the magical $5,000 level.
But the silver forecast, from analysts at UBS is for this year.
UBS says there’s strong industrial demand for silver, and that silver has tended to be resilient during previous trade wars.
Also, volatility isn’t necessarily bad for silver, providing you can get the timing right – UBS reckons the silver price swings more widely than the gold price, meaning that at the right point in the cycle greater returns are there to be had.
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