Investing.com: More Upside Seen for Silver Prices in Coming Months, Says UBS
Articler by Navamya Acharya in Investing.com
Silver prices are poised for further gains in the coming months, driven by a combination of favorable macroeconomic factors and robust demand fundamentals, as per analysts at UBS in a note dated Monday.
A weaker U.S. dollar, improving sentiment across financial markets, and record-high gold prices have all contributed to a recent modest rebound in silver prices.
UBS analysts suggest that long-term investors should consider increasing their exposure to silver, with a target price range of $36-38 per ounce.
The recent weakening of the U.S. dollar and a shift .....