Will the price of silver go over $50 an ounce?

A new record would put the price of silver over $50 an ounce. That would mean the price would double within the next year. The white metal actually has a double-top of around $50. It first got to that level in 1980 and then again in 2011.

Will silver soar to $50 in 2021?

Saxo Bank recently projected silver will soar to $50 an ounce in 2021, powered by loose monetary policy along with the push for “green energy.” Bloomberg Intelligence is now making a similar call, saying silver will be “the primary metal” benefiting from electrification and quantitative easing in 2021.

Will Silver break out of its coil in April?

In April, silver breaks out of its four-month coil and drives into new multiple year highs between $44 and $55 per ounce, creating spikes above $50, but without managing three closes (above a given price, in this case the historic $50) David Morgan looks for to validate a bullish (or bearish) impulse leg breakout.

Will Silver finally ascend through the $50 level in 2022?

Two realistic price movement scenarios can see silver finally ascend through the magnetic $50 level in 2022. A case can be made that either – or perhaps both – have a strong likelihood of taking place.