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Scotia Capital Forecasts $35 Silver Price Over Three Years
Mar. 02, 2012 01:53PM PST
Silver InvestingMineweb reported that Scotia Capital is tempering its bullish outlook for silver with a price forecast of $35.
Mineweb reported that Scotia Capital is tempering its bullish outlook for silver with a price forecast of $35.
As quoted in the market news:
As a result of the aforementioned trends, Scotia Capital’s silver price forecast remains at $35 per ounce for 2012, 2013, and 2014, along with a long-term silver price estimate of $20 per ounce beginning in 2017.