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Silver Has More Potential Than Gold In 2017

Posted on 27 October 2016

While expecting gold prices to rally to $1,400 an ounce in 2017 on continued investor demand, ETF Securities looks for silver to outperform as industrial demand drives prices. In a recently published report, analysts at ETF Securities said that they see silver prices trading in a range of between $22 and $24 an ounce in 2017.
With silver prices last trading Wednesday at $17.70 an ounce, that would mean at least a 24% gain for the precious metal. ETF Securities’ gold-price target of between $1,400 an ounce and $1,450 would represent a gain of 10% from the precious metal’s current price of $1,272.60 an ounce………………………………….Full Article: Source


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