29 April | Silver

Silver could hit $50 per ounce by year-end — Kitco News

Silver could hit $50 per ounce by year-end — Kitco News

A strategist at RJO Futures, Bob Haberkorn, shared his outlook for silver during an interview with Kitco News. He expects the gray metal prices to rise. 

Haberkorn believes that silver could gain 40% or more in the medium term. He projects the prices will hit $40 per ounce in the nearest future and $50 per ounce by September. 

At the same time, the strategist does not expect the gold-to-silver ratio to return to its historical average soon due to the yellow metal’s record rally. Even so, silver could still outpace gold, Haberkorn says. 

Meanwhile, Kevin Grady, president of Phoenix Futures and Options, thinks prospects for the gray metal are hard to calculate now. Demand for silver is largely driven by the industrial sector, which is facing negative effects of global trade tensions.

Additionally, physical silver is much more expensive to move than gold, Grady notes. This could be another factor holding the gray metal prices back.

Period: 17.09.2025 Expectation: 500 pips
Buying SPX on 0.5% Fed rate cut
Yesterday at 11:38 AM 151
Period: 24.09.2025 Expectation: 1500 pips
USDCAD is set to fall ahead of interest rate decisions
Yesterday at 10:57 AM 134
Period: 23.09.2025 Expectation: 500 pips
NVIDIA shares approach gap closure at $170.50
Yesterday at 10:26 AM 119
Period: 31.12.2025 Expectation: 200 pips
Buying NVIDIA shares with $195 in view
Yesterday at 08:54 AM 37
Period: 24.09.2025 Expectation: 1300 pips
EURUSD is expected to correct after Fed announces rate decision
Yesterday at 07:14 AM 141
Period: 23.09.2025 Expectation: 3000 pips
Buying Bitcoin with $118,800 target amid consolidation
16 September 2025 283
Go to forecasts