Silver to Trade Between $17.75 and $22.75 in 2014: HSBC

Mineweb reported yesterday that in its latest silver outlook, HSBC said it sees the white metal trading between $17.75 and $22.75 for the remainder of 2014.

The three main drivers of silver’s price are to be:

• Supply remaining strong,
• Investment demand making a modest recovery
• The current pickup in demand from industry and jewellery

Click here to read the full Mineweb report.