Silver price in 2027; The prediction of the world's 5 largest banks about the future of white metal
The extreme volatility of the silver price in 2026 has caused the silver price forecast for 2027 to differ among the world's major banks. These disagreements have obscured the future of white metal. With the recent fluctuations, the future of this precious metal is uncertain. Some experts point to the increase in investment demand and its connection with gold... The post Silver price in 2027; The prediction of the world's 5 largest banks about the future of white metal appeared first on Sef
0 Posted by: Mehran Akbari on October 25, 1405 at 10:44
The extreme volatility of the silver price in 2026 has caused the silver price forecast for 2027 to differ among the world's major banks. These disagreements have obscured the future of white metal.
With the recent fluctuations, the future of this precious metal is uncertain. Some experts are optimistic about the increase in investment demand and its connection with gold. But some others point to the decrease in industrial demand and the effect of monetary policies. This report examines the views of the world's five largest banks.
Big banks have announced different goals for 2027. At the time of writing this report, the price of silver fluctuates in the range of $57.
Silver price forecast from JP Morgan's point of view
On August 13, 2026, J.P. Morgan lowered its average silver price forecast in 2027 from $85.8 to $63.9; This means about 26% drop. Analysts of this bank consider the lack of lower supply, the drop in industrial demand and the possibility of an increase in interest rates to be the main factors of this revision. They estimate the average price for the last quarter of 2027 to be around $65.
Silver climbs to $80; UBS forecast
In its new report (September 21, 2026), the Swiss bank UBS (UBS) expects the price of silver to reach $80 by September 2027. UBS strategist Dominic Schneider sees silver's close relationship with gold and investment demand as price support. But the bank warns that rising US interest rates could hinder short-term growth.
Citigroup: The probability of silver reaching $95
On August 11, 2026, Citigroup (Citi) analysts raised the possibility of silver reaching $95 in 2027. They consider the increase in investment demand and the possibility of a decrease in the US interest rate as the main reasons for this prediction. However, Citigroup has warned that there is a 20% risk of silver falling to $50, so $95 is only one possible scenario.
Bank of America and the return of silver price to 75 dollars
Bank of America (BofA) warned against the sustainability of this growth in May 2026, despite the possibility of $100 silver for the fourth quarter of the same year. Michael Widmer, the analyst of this bank, believes that the increase in the price of gold can make silver rise, but the decrease in industrial demand prevents it from continuing. Bank of America expects silver to return to the $75 range in the second quarter of 2027.
HSBC; Estimates rise, despite demand concerns
In May 2026, HSBC raised its average silver price forecast for 2027 from $57 to $68. This bank considers the limitation of silver supply and the possible weakening of the dollar as bullish factors. But James Steel, the bank's senior analyst, warns that the price increase could increase production and recycling and reduce industrial demand and purchases of jewelry. He considers the reduction of the supply deficit from 143 million ounces in 2025 to 25 million ounces in 2027 as a factor to prevent strong and sustained price growth.