1 June 2023
Last week, Citigroup analysts published a report calling for silver to reach $30 per ounce within 9 months. Could Citigroup be exaggerating or on target? Today’s silver spot price is about $23.50 per ounce; so a move to $30.00 would be a 28% jump. Let’s look at a few data sets that augur for higher silver prices…