Commodity Trade Mantra

Posts Tagged ‘Silver Predictions 2016’

Silver Predictions 2016: Watch China and the Gold Price

Thomson Reuters GFMS is predicting an average silver price of $16.80 for 2016. In terms of price catalysts that investors should watch, China has had a major impact on physical silver demand in 2015. Anything that affects the gold price, obviously silver takes its cue. Right now, of course, most gold bugs have their eye on the upcoming US Federal Reserve meeting.

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