Will Silver Take Off Before the End of 2026?
Economic and political uncertainty could lead to a surge in silver prices later this year.
Overview
The price of silver has been falling sharply this year. Many investors piled money into the precious metal late last year, and it would eventually hit a new all-time high of more than $120 per ounce in late January.
Since then, however, it's been on a downward spiral, with silver now trading around $66. It's been in steep decline, but that could change later this year, particularly given the uncertainty in markets and the economy as a whole.
Details
Could investing in the iShares Silver Trust (NYSEMKT:SLV), which tracks the price of silver, be a good move right now?
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.