Silver Prices May Rise as Fed Uncertainty Looms
The price of silver has been plummeting this year after hitting an all-time high in late January. The metal's value peaked at over $120 per ounce before dropping to around $66 as investors took profits and interest rates were expected to rise.
However, with growing uncertainty about the Federal Reserve's plans and the potential for higher demand due to stock market valuations and economic turmoil, some experts believe silver may be due for a rebound by the end of 2026.
Investors are looking for safe-haven assets as uncertainty looms ahead, particularly given concerns over Fed independence and potential rate hikes or cuts. With midterm elections approaching in a few months, market volatility is expected to increase.