Citi Sees Silver Prices Soaring to $90 Amid Investment Surge

Silver prices may reach $90 an ounce in the next six to twelve months due to increasing investment demand, according to Citi analysts. This prediction is based on a softening industrial picture and an eventual de-escalation of tensions in the Strait of Hormuz.

The analysts noted that as the Federal Reserve becomes less hawkish, investment demand for silver is likely to increase. This shift in investor sentiment could lead to higher prices for the precious metal.

Citi's prediction is based on current market trends and analyst expectations, but it's essential to remember that investing always involves some level of risk.