
Coinspeaker Advent Calendar: Silver Price Expectations 2023
According to data from Silverprice.org, Silver has recorded an average growth of 7.4% over a 16-year period spanning 2007 to 2022.
According to data from Silverprice.org, Silver has recorded an average growth of 7.4% over a 16-year period spanning 2007 to 2022.
Gold price has so far reached its all-time high after crossing $2,000 level easily. Despite the fast rally, analysts anticipate silver price to outperform it.
Gold is benefiting from the present uncertainty. But it is unclear whether gold prices will grow further and set new record highs. Bulls’ next target is $2,000.
It seems that several factors played against gold recently. With Washington announcing the reach of a partial trade deal with Beijing being just one of them, gold price dropped sharply from its previous highs.