Silver Price Forecasts Increased
Comment of the Day

June 26 2020

Commentary by Eoin Treacy

Silver Price Forecasts Increased

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Eoin Treacy's view

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The extent to which mine supply has been impacted by the spread of COVID-19 in Latin America is something that had more of an effect on iron ore prices than silver. The bigger question is how much of an impact a return to production will have on prices. The supply deficit may have at least supported prices without contributing to an outsized gain. The return of supply could create a surfeit.

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