HSBC Raises Silver Price Forecasts on Supply Deficit and Weak Dollar

HSBC has revised its silver price forecasts for 2026 and 2027 upward, citing a weak dollar and expectations of a persistent supply deficit. The bank warned that short-term volatility may continue, but noted that industrial demand will continue to support silver prices in the medium term. While the silver market is expected to remain in a supply deficit, investor focus is on US-China trade talks and expectations regarding the Fed's interest rate policy. HSBC's revised forecasts indicate a strong outlook for silver in terms of both investment and industrial demand. The bank expects silver to benefit from safe-haven demand despite global economic uncertainties, and structural factors such as the green energy transition will also support prices. However, it cautioned that market volatility may persist in the short term. This is not investment advice.

📊 SILVR — Piyasa Yorumu

▲ up · 65%

HSBC's upward revision of its silver price forecasts could serve as a positive catalyst for SILVR shares. Technically, the RSI at 55 is in neutral territory, and the price is above both the 20-day and 50-day moving averages, indicating short-term upside potential. However, the MACD is just below the signal line, suggesting momentum has not fully strengthened. The 35% increase over the past 24 hours implies that the news may already be partially priced in. Therefore, the upside expectation is supported with moderate confidence.

RSI 14

55.2

MACD

0.02

24h Δ

0.36%

📊 HSBC — Piyasa Yorumu

▲ up · 60%

The news that HSBC has raised its silver price forecasts could create a positive atmosphere in commodity markets. Technical indicators show the RSI at 52, in neutral territory, while the MACD is above its signal line and positive, suggesting short-term upside potential. The price is trading above the 20- and 50-day moving averages, indicating solid support levels. However, a slight decline over the past 24 hours and low trading volume warn that the rally may be limited. Overall, the news and technical structure support a modest short-term uptrend.

RSI 14

52.1

MACD

0.24

24h Δ

-0.01%

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