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In 2024, silver price forecasts vary widely, ranging from conservative estimates around $22.90 to bullish predictions exceeding $100 per ounce. Analysts cite factors like monetary policy shifts, rising inflation, and geopolitical tensions driving market dynamics. Some experts anticipate increased investor interest, especially with growing industrial demand for silver in sectors like solar energy. While predictions for 2024 span a broad spectrum, many foresee a positive trajectory for silver prices, with potential for significant upside in the coming years. Investors are advised to stay informed and monitor key indicators to navigate this volatile market effectively.
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