Silver May Rebound to Test $100 Level, Citigroup Says

Bloomberg reported that an analysis shows silver prices may reach $100.

The market news is quoted as saying:

Silver for immediate delivery has dropped 21 percent from an all-time high of $49.79 an ounce on April 25. Still, the precious metal has more than doubled in the past year and is the best performer on the UBS Bloomberg CMCI Index.

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