Barclays expects silver prices to average $19.20 an ounce in the fourth quarter of this year, however, some analysts say that this economic climate is challenging as mine supply is up and industrial demand is down. Analysts forecast that so long as gold manages to keep performance steady, silver prices are likely to rise for the rest of 2010.
Be careful, though: when gold prices fall, silver prices tend to fall even faster. Sign up for alerts to be notified when any trend ends (or new ones appear).
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- ETFS Physical Silver Shares (NYSEArca: SIVR)
- iShares Silver Trust (NYSEArca: SLV)
Tisha Guerrero contributed to this article.