Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
DashboardDatabaseProReportsEventsConsulting
Download our mobile app to
your devices
Silver Prices to Continue Falling, with $8-11/oz Expected, SMM Interviews
Nov 6, 2014 16:06Source:SMM
Silver weakness sees no end in sight, an analyst from Guotai Junan Futures told SMM in a recent interview.
SHANGHAI, Nov. 6 (SMM) – Silver weakness sees no end in sight, an analyst from Guotai Junan Futures told SMM in a recent interview.
“The support for silver is now fragile, and the market will continue falling in the medium run, despite a possibly brief rally,” she said, expecting London silver to fall to $8-11 per ounce.
The expectation of a rate hike by the US is the key factor for silver prices, as continuous recovery in its economy will reduce appetite for safe-haven assets, the analyst added.
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
silver price
SMM interview
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
SMM Events & Webinars
All- Oct09
NET ZERO EUROPE - Solar & Energy Storage Summit
Oct 09 - 10,2024THE EGG BRUSSELS, BELGIUM
- Oct08
2nd Li-ion Battery Europe 2024
Oct 08 - 10,2024THE EGG BRUSSELS, BELGIUM
- Jun24
2024 Global Renewable Metal Industry Chain Summit
Jun 24 - 25,2024To foster international cooperation and dialogue among industry colleaguesKuala Lumpur , Malaysia
Shanghai Metals Market
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.
