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As soon as industrial need grabs, a lot more tailwinds for silver will certainly push the metal more detailed to the $35 to $40 an ounce array next year, claimed Peter Hug, worldwide trading supervisor of Kitco Metals.
0:00 – Macroeconomics for gold
4:03 – Motorists for silver
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Is $40 silver price possible in 2021? Peter Hug answers
Once industrial demand picks up, more tailwinds for silver will push the metal closer to the $35 to $40 an ounce range next year, said Peter Hug, global trading director of Kitco Metals.
0:00 - Macroeconomics for gold
4:03 - Drivers for silver
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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