UBS continues to be bullish: Silver has a lot of room to rise!
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UBS analysts predict that the price of silver will continue to rise in the coming months, and they recommend long-term investors to increase their investment in silver. Influenced by factors such as the weakening US dollar, improved financial market sentiment, and the recovery of demand in China, the silver price is expected to break through $36-38 per ounce. Additionally, industrial demand for silver is expected to grow, especially due to the global energy transition requirements, leading analysts to maintain an optimistic outlook on the long-term trend
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