Silver to Average $15.20 per Ounce in 2015: Barclays

Silver decreased on Wednesday, falling from a one-month high the day before, according to iNVEZZ.com.

The precious metal fell 1.2 percent, or $0.20, to reach $16.81 an ounce. The fall came after silver breached $17 per ounce on Tuesday, the first time such a level has been reached since early December.

According to a research note from Barclays (NYSE:BCS), the average price of silver will be even lower — averaging around $15.20 per ounce — during 2015.