Silver to Dip in Next 12 Months, Following Gold: Goldman Sachs

Silver Investing

The Financial Post reported that Goldman Sachs says that silver prices will retreat slightly from its current price of $20.20/toz to $19.60/toz over the next 12 months, tracking gold.

The Financial Post reported that Goldman Sachs says that silver prices will retreat slightly from its current price of $20.20/toz to $19.60/toz  over the next 12 months, tracking gold.

As quoted in the market report:

Over the long run, silver prices tend to track gold prices. Thus, our silver forecast reflects the historical ratio to gold.

To view the whole Financial Post report, click here.

The Conversation (0)
×