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  HOME PAGE 18/10/2024 14:22 
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The date when the price of white metal will exceed 1500 lira has been announced.
The date when the price of white metal will exceed 1500 lira has been announced.

18.10.2024 12:21

Silver prices have risen by 33% this year, parallel to the increase in the value of gold. Economists have predicted that the price of the white metal, which has increased by 5% in the last four weeks, will surpass $45 and then $50 per ounce.

Famous investor Robert Kiyosaki warned investors about a possible stock market crash, emphasizing the importance of investing in gold, silver, and Bitcoin. Silver has risen by 33% since the beginning of the year. Investment experts and economists have shared their predictions regarding the rise in the price of silver per ounce.

NEW RECORD EXPECTATION IN SILVER

Signs of a slowdown in the US economy have driven the value of gold, seen as a safe haven, to record levels. The price of gold per ounce reached an all-time high of $2,685, while silver also joined this rise. The price of silver per ounce is hovering just below its highest level in recent years, which is $32.96. Market experts predict that silver prices could reach $45 within the next year.

"THERE IS SIGNIFICANT UPSIDE POTENTIAL"

Delegates at the London Bullion Market Association's (LBMA) annual meeting also foresee a significant increase in precious metal prices over the next 12 months. They predict that gold will rise to $2,941, and silver will reach $45 per ounce, indicating significant upside potential from current levels. Experts believe that silver is once again close to reaching its peak of $50, which it saw in 1980 and 2011.


 
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