<div id="readability-page-1">Forecasts move apart: HSBC boosted 2026 and 2027 silver price targets, while UBS slashed its outlook, reflecting starkly different views on supply and demand. Deficit debate: HSBC sees deficits narrowing but persisting, while UBS’s 80% cut to its deficit estimate shifts its view to a flat price outlook. Mining output surge: Record production from Americas Gold and Silver adds to supply, potentially pressuring prices despite structural clean energy demand.</div>

滙豐

USAS

瑞銀集團

<p>滙豐銀行已提高了對 2026 年和 2027 年白銀價格的預測，而瑞銀則大幅下調了其展望，顯示出對供需的不同看法。滙豐預計將持續出現赤字，而瑞銀對赤字預估的劇烈削減則暗示價格展望持平。儘管清潔能源需求持續，來自 Americas Gold and Silver 的礦產產量增加可能進一步對價格施加壓力</p>

HSBC lifts silver forecasts as UBS warns of slowdown

Americas Gold and Silver

白銀礦業股 ETF - GlobalX

金屬採礦 ETF - SPDR

Sprott Active Gold & Silver Miners ETF

HSBC Holdings plc ADRhedged

2 倍做多白銀 ETF - ProShares

實物白銀股票 ETF - ETFS

Sprott PHYs Silver

Sprott Silver Mnrs & Physical Silver ETF

環球銀礦 MSCI ETF - iShares

白銀信託 ETF - iShares

匯豐控股

HSBC 5xShortSG241213

匯豐控股有限公司

滙豐提高了對白銀價格的預測，同時瑞銀集團則警告經濟可能會出現放緩