Current Silver Price Trends and Forecast
Silver prices remain strong, recently trading near $35.97 per ounce after briefly reaching highs around $37. CPM Group anticipates near-term volatility linked to the COMEX futures roll, but forecasts silver to sustain prices above $32 due to solid investor interest.
Silver Investment Demand: Realities and Misconceptions
Investor demand, driven by global uncertainties, is the primary factor influencing silver prices, rather than fabrication shortages. CPM Group notes significant investor activity, predicting continued demand growth.
Silver Market Myths
CPM Group provides authoritative clarification on several widespread myths:
Silver Shortage Myth: Global silver supply comfortably meets fabrication needs.
Inventory Myth: Above-ground silver inventories remain historically high, not declining.
Solar Demand Myth: Solar industry’s silver usage is rising moderately but remains manageable, far from exaggerated predictions.
Military Usage Myth: Military demand for silver is modest, significantly lower than sensationalized claims.
COMEX and LBMA Silver Trading Clarified
CPM Group explains the essential role of COMEX and LBMA silver markets in global finance, dispelling conspiracy theories about price manipulation and “paper silver.”
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