Commodities
UBS Sees $80 Silver in 2027 as J.P. Morgan Lowers Forecast by 26%
The silver market is facing a divergence in forecasts from two major banks, UBS and J.P. Morgan, with price targets ranging from $63.90 to $80 per ounce by 2027.
UBS predicts a quarterly trajectory, climbing to $75 by March and June 2027, then reaching $80 by September of that year.
J.P. Morgan, on the other hand, is betting on an annual average of $63.90 with a quarterly band of $63-$65, down from its previous target of $85.80 in August 2026.
The forecast divergence suggests that the 2027 outcome hinges on specific variables rather than a clear directional trend.