Silver Price Analysis & Forecasts Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.4.0Very good
Our experts have rated Silver Price Analysis & Forecasts across one key area of our review framework.
- Outlook4.0
Pros
- History of a monetary metal
- Cheap than gold
- A high beta version of gold
Cons
- High price volatility
- Sometimes lags other precious metals
- Holding costs of physical silver
See full expert review
Our verdict
Often known as the ‘poor man’s gold’, silver has often traded in the shadow of gold. Silver is an industrial and monetary metal.
Summary
At $26 a troy ounce, silver is cheap - historically and relatively, especially compared to gold. The metal established its all-time highs back in 2011 at the lofty high of $50. If gold does establish new highs soon, an upward race here is a distinct possibility. 27/11/79
