fintech / news / / Barchart
Silver has dropped more than 38% over the past three months, including a steep 20% fall in March alone.
Silver July 2026 futures are currently trading 42% below their January peak of $123.45.
KEY POINTS
- Bank of America has set a bull-case target of $309 for silver by 2026, quadrupling current prices.
- Fresnillo cut its 2026 silver production guidance, highlighting worsening supply shortages in the market.
- Since 2021, 762 million troy ounces have been pulled from above-ground stockpiles to meet demand.
- The gold-silver ratio remains stretched at 80:1, suggesting silver is historically undervalued versus gold.
COMPANIES
Summarized by Newsio from Barchart. How we summarize →