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<Research>HSBC Research Raises Silver Price Forecast to US$38.56 on Gold's Gravitational Pull, Expects Higher Prices in 1H26
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Silver prices are rising due to record-breaking gold prices and potential supply constraints, HSBC Global Research issued a research report saying. As demand for hard assets increases, investors are turning to silver, although physical demand weakened on increased supply. The broker raised its 2025/ 2026 average silver price forecasts to US$38.56/oz and $44.5/oz each, but saw higher prices in 1H26. The silver market is on the verge of the nearly US$50/oz record high set in May 2011, and is likely to exceed this level soon, HSBC Global Research added. The broker also believed that the surge in demand for hard and 'safe haven' assets, coupled with the strong pull of record gold prices, could provide decent support for silver in 2026. AASTOCKS Financial News Website: www.aastocks.com |
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