Silver decreased 0.21 USD/t. oz or 1.19% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Silver reached an all time high of 49.51 in April of 2011.
Silver is expected to trade at 18.45 USD/t. oz by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 19.33 in 12 months time.