MCX Silver Long Term Price Forecast

Giving a bullish silver view is like shouting wolf. I am confident that the bullish silver wolf will arrive this year. Negative interest rates due to COVID crisis should result in a sharp rise in silver investment demand. Silver has to shed its industrial metal tag. Until then, there will be continued sharp selloffs if and when industrial metals suffer losses. COVID crisis will not result in significant reduction in industrial demand for silver. Silver investment requires patience and is not for everyone. Invest in silver with a two year perspective.