The Epoch Times
The Epoch Times
AD
The Epoch Times
Support Us
SHARE
Sponsored Content

Silver Shortages Allowing Prices to Approach a Nine-Year High

Copy
Facebook
X
Truth
Gettr
LinkedIn
Telegram
Email
Save
Silver Shortages Allowing Prices to Approach a Nine-Year High
Wooden blocks with "SILVER" text of concept and coins. ELUTAS/Shutterstock
Oxford Gold Group
By Oxford Gold Group
2/20/2023Updated: 2/20/2023

Analysts believe silver may hit a nine-year high of $30 per ounce in 2023, the highest it’s been since February 2013. If silver fulfills this projected 8.8 percent increase, it will outperform gold. As silver supply dwindles, industrial demand increases, inflation soars, and more investors flock toward the cheaper precious metal option as a safe investment choice, silver prices might exceed anything the market’s seen in the last decade.

“Silver has historically delivered gains of close to 20 percent per annum in years inflation is high,” says Janie Simpson, the managing director of ACB Bullion.

Oxford Gold Group
Oxford Gold Group
Author
The Oxford Gold Group helps investors protect and grow their wealth by purchasing physical gold and silver for their IRAs and for home delivery as effortlessly and securely as buying bonds or stocks. That's why investors have turned to the security of gold and silver and the Oxford Gold Group.
Author’s Selected Articles

How to Tell If Gold Is Real

Aug 11, 2023
How to Tell If Gold Is Real

Looking Back at Gold Prices During the Great Depression

Aug 02, 2023
Looking Back at Gold Prices During the Great Depression

How to Use a Gold IRA for Long-Term Wealth Preservation

Jul 24, 2023
How to Use a Gold IRA for Long-Term Wealth Preservation

The Top Common Questions About IRS Regulations for Gold IRAs

Jul 17, 2023
The Top Common Questions About IRS Regulations for Gold IRAs
Related Topics
silver
Silver Prices
silver shortage
Save
The Epoch Times
Copyright © 2000 - 2025 The Epoch Times Association Inc. All Rights Reserved.