Silver: Potential for a test of $30 in next 12 months –Citibank

Analysts at Citibank offers its bullish outlook on Silver, predicting that the white metal could rise as high as $30 over the coming year.

Key quotes

“Sees silver rising to $25 in the next six to 12 months, with a potential for $30 based on the bank’s bull case.

Silver is additionally supported by a recovery in global economic activity.

The demand for a store of wealth should also lift silver.”

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