Citi: Precious metals still have room to rise, and silver has the potential for upward momentum
2026-08-12 11:14:42
According to CoinMeta, as reported by A early issuer of in in 2021, Citibank research indicates that the upward trend in precious metals has not ended, and silver, as a high-quality beta asset compared to gold, has the potential to rise. If tensions in the Strait of Hormuz ease and the Federal Reserve's stance becomes less hawkish, demand for precious metals investments is expected to recover. In August, the settlement price of gold futures rose by 0.49% to $4,383 per ounce, while silver futures fell by 0.5% to $64.769 per ounce. Citibank believes that silver has the opportunity to rise to $95 per ounce by 2027, but there is also a 20% chance it could fall to $50 per ounce.
Source:Internet
This content is for market information only and does not constitute investment advice.
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