15 December 2023
Silver prices are expected to see an “explosive” rise in 2024, driven by a continued shortfall in global supplies and anticipated interest rate cuts by the Federal Reserve. Despite underperforming compared to gold this year, silver presents a fleeting opportunity for investors at its current lower prices. Peter Spina, president of SilverSeek.com, predicts that silver prices will approach the significant $30-per-ounce technical resistance next year, with strong belief in breaking this barrier.