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What's the outlook for silver next year?
The bank said it sees silver averaging next year around $29.13 an ounce with prices pushing above $31 an ounce. Michael Widmer, metals strategist at the bank, said in an outlook presentation last month silver's outlook remains bright as a new focus on green energy could increase demand for solar panels.Is silver a good investment?
A beginner's guide to silver and the role it can play in your portfolio Though often dismissed as "the poor man's gold," silver offers investment advantages in its own right, as well as some of gold's strengths. Silver is seen as a safe haven investment in uncertain times, a hedge against inflation and stocks.What are the top silver stocks?
Three top silver stocks are: Silver Stock. Description. First Majestic Silver: (NYSE:AG) A precious metals mining company that gets the majority of its revenue from silver. iShares Silver Trust: (NYSE:SLV) An exchange-traded fund (ETF) that seeks to track the price of silver. Wheaton Precious Metals: (NYSE:WPM)Will silver continue to attract investors in 2021?
Steve Dunn, head of exchange-traded products at Aberdeen Standard Investments, said in a telephone interview with Kitco News that he expects silver will continue to attract investors as it is still relatively undervalued compared to gold. "I think silver's strong value play will be an important theme in 2021 for investors," he said.