The Silver Price in an Uptrend
The silver price has recently reached a 13-year high, reflecting current market trends and potential investment opportunities for private investors.
Background and Factors
Several factors contribute to the current development:
- Political Developments: The announcement of tariffs and trade political uncertainties under President Trump have shaken confidence in economic policy stability, driving investors into safe havens like silver.
- Demand for Tangible Assets: Political uncertainty increases demand for stable-value investments, which drives up the silver price.
- Seasonal Trends: Historically, seasonality supports the increase in silver prices until the end of July, with potential corrections in August and a renewed increase from September onward.
Analysis by Carsten Stork
According to Carsten Stork, the silver price reached a new high of $39.075 per ounce, an increase of 5.22% in the past week. Institutional investors remain positive, although short-term overheating may occur.
Forecasts and Investment Opportunities
- Price Forecasts: UBS forecasts a rise in the silver price to $40 per ounce, while some analysts see potential up to $50.
- Investment Opportunities: Silver offers an attractive investment opportunity due to its industrial use and the demand for tangible assets.
Overall, the current market presents promising opportunities for private investors, based on strong demand for tangible assets and prevailing political developments.