Silver will move higher in 2024 because the top in Yields is confirmed. Silver and Yields are inversely correlated. Our silver price forecast 2024 is supported by 4 leading indicators: Yields coming down, US Dollar flat, inflation expectations on the rise, silver CoT data very bullish. That’s why our silver price forecast for 2024 is $34.70.
Nowadays, the web is full of fake silver price forecasts. Many sites publish large tables, generated by AI, with price calculations for the next years, positioning those endless series of numbers as silver price forecasts.
We have a very different view on how to predict the price of silver. If you are looking to understand the true dynamics driving the silver price, you will love our silver price prediction rationale and methodology.
Alien Metals Ltd (LON:UFO) is a global minerals exploration and development company that will shortly make the transition to iron ore producer. The company was formed from Arian Silver in late 2018, retaining some of the companies more valuable Mexican projects before embarking on an acquisition led strategy, headed up by an excellent geological team and targeted entirely on Western Australia.