InvestorQ : What is the outlook for silver?
Swapnil Sarang made post

What is the outlook for silver?

7 months ago

The price of silver is likely to move higher in the near future. The COVID-19 led economic crisis may induce more stimulus packages. The availability of easy money is likely to have direct and indirect flow into silver-backed investments as the rise of risk may lead the investor towards a safe haven like gold.

However, investors tend to put some money into silver as well in a situation where the valuation of gold looks stretched. Besides, as the economies around the globe opening up, the industrial use of the white metal is likely to increase once again. (Source- IIFL Securities)