According to some analysts, the price of a white metal, despite some decline, has a good chance of increasing. Experts remind that in the current year, silver has perfectly proved itself, successfully competing with gold.
Experts believe that the active struggle was not in vain for the value of the metal with a white-silver tint. They are confident that in the next two years, the price of silver will rise, as will its use in various industries. Analysts draw attention to the current active use of white metal by most global industrial enterprises, which they believe will increase.
A number of experts are skeptical of such conclusions. They are not sure about the further rise in the cost of silver. The maximum that opponents are counting on is the return of the price of the white metal to the previous level, and at best, to the level of $ 20. Recall that at the moment, the cost of the metal with a white and silver tint is $ 14.64.
Analysts are confident that a significant downturn in the global stock market, which resulted in an outflow of investments from the precious metals market, is a temporary phenomenon. In the future, investors will return to time-tested assets, such as gold and silver, experts sum up.
The material has been provided by InstaForex Company - www.instaforex.com