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Citigroup Backs Silver to Soar Just as Gold’s Rally Loses Steam

Summary by Bloomberg
Silver will extend a rally beyond $40 an ounce in the coming months on tightening physical supplies and growing investment demand, according to Citigroup Inc., which reiterated a more cautious stance on gold.

9 Articles

The price of gold is expected to fall below $3,000 an ounce in the coming quarters as safe-haven demand in the market wanes and the economic outlook improves.

Silver is increasingly entering the spotlight of the precious metal markets after rising to the highest level since 2011 at over USD 39. While gold does not reach its record levels again from April, analysts in the white precious metal see the stronger potential – with opportunities to overtake gold in the investor's favor. Silver in high altitude The price of silver rose [...] The post Silver overtakes gold: Why investors rely on white metal ap…

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Bloomberg broke the news in United States on Wednesday, July 16, 2025.
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