I'm wondering if the price of silver will reach $100 per ounce in the future. I'd like to understand the possibilities and factors that could influence such a price movement.
7 answers
MysticGlider
Sat Nov 02 2024
Silver bulls frequently argue that the precious metal will eventually reach a value of $100 per ounce.
DigitalDynastyQueen
Fri Nov 01 2024
Demand for silver is driven by industrial uses, jewelry production, and investment demand.
Nicola
Fri Nov 01 2024
Supply-side factors, such as mining production and government policies, also play a role in determining silver prices.
emma_rose_activist
Fri Nov 01 2024
However, it is unlikely that silver prices will hit this mark unless extremely unusual economic circumstances arise.
SumoPowerful
Fri Nov 01 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of silver and other commodity investors. Its platform includes spot and futures trading, as well as a secure wallet for storing digital assets.