Are you wondering where the price of silver will go for the remainder of 2019?
The following is a list of 2019 silver price forecasts by silver market analysts deep in the precious metal derivative and silver bullion trade.
Remember the measurement that western silver bullion buyers and sellers most often used to value silver is with a fiat currency that has lost over +92% of its value to silver bullion since becoming a full fiat currency in 1971.
Pretty obvious, the trend of fiat US dollars losing value to silver bullion will likely continue stronger into the 2020s and beyond (look at our detailed silver price history page to study and see the overall trend).
Silver price forecast for the remainder of 2019?
Our industry colleague, one we have interviewed multiple occasions on our weekly bullion podcast, Mr. Christopher Aaron of iGoldAdvisor.com is embedded below with some late October takes on where he envisions silver prices to go in fiat USD through the end of 2019.
Mr. Aaron gives a very silver price forecast specific at the 5:50 mark which we will embed the video to begin there for your convenience. Although the entire silver price update is worthy of your time in our humble opinion.
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Before we begin with this year's 2019 silver price forecast predictions further below.
We recently asked a longtime silver market analyst, Jeffrey Christian of CPM Group, "What are the key ingredients for a silver bullion bull market?"
What are Key Ingredients for Silver Bullion Bull Markets?
(Minute 25:00 ^ for CPM Group's Silver Price Predictions)
Mr. Christian of CPM Group is bullish on silver prices in the coming years, effectively looking for silver prices to rise into the $30s and even $40 oz in the first half of the 2020s.
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The following Silver Price Forecast data and information below illustrates 30 silver analysts' silver price predictions for the year 2019 alone.
It remains seen if the spot silver price in fiat US dollars will make a run to the $21.50 oz resistance zone soon or not. W are currently not very far away.
Silver Price Forecasts 2019 conducted by the LBMA
A more bullish outlook is predicted for silver in 2019 compared to its poor 2018 silver price performance in fiat US dollars.
The silver price predictions project a silver price trading range of $12.75 to $20.00 oz in US dollars (a 44% range in the average price prediction).
The overall belief is that the average price of silver in fiat Federal Reserve notes will end up somewhere in the middle at $16.28 oz, a 4.2% increase on the average price in the first half of January 2019.
Silver Price Forecast High 2019
The average high silver price consensus amongst silver analysts petitioned is a 2019 high silver price forecast of $17.99 per troy ounce in fiat US dollars. The spot silver price has already hit around $19.50 oz in early September 2019.
Silver Price Forecast Average 2019
The average silver price consensus amongst silver analysts petitioned is a 2019 average silver price forecast of $16.28 per troy ounce in fiat US dollars.
Silver Price Forecast Low 2019
The average low silver price consensus amongst Silver analysts petitioned is a 2019 low silver price forecast of $14.48 per troy ounce in fiat US dollars.
In late May 2019, the spot price of silver bottomed around $14.36 oz in fiat US dollars.
Silver Price Forecast 2019 Illustration
The following image illustrates 30 precious metal analysts’ 2019 silver price forecasts for the year.
To learn more about intelligent silver bullion buying and selling, pick up your free PDF copy of our SD Bullion Guide.
Silver Price Forecasts by Silver Analysts for 2019
|
Silver Analyst |
Silver Price Forecast Low in 2019 |
Silver Price Forecast Average in 2019 |
Silver Price Forecast High in 2019 |
|
Adams, William Fastmarkets MB |
Silver Price Forecast Low $13.90 |
Silver Price Forecast Average $15.15 |
Silver Price Forecast High $16.80 |
|
Alexander, Cameron GFMS Refinitiv |
Silver Price Forecast Low $15.10 |
Silver Price Forecast Average $16.75 |
Silver Price Forecast High $18.35 |
|
Bhar, Robin Societe Generale CIB |
Silver Price Forecast Low $15.00 |
Silver Price Forecast Average $16.50 |
Silver Price Forecast High $18.00 |
|
Butler, Jonathan Mitsubishi Corporation |
Silver Price Forecast Low $15.00 |
Silver Price Forecast Average $16.50 |
Silver Price Forecast High $18.00 |
|
Cooper, Suki Standard Chartered |
Silver Price Forecast Low $14.00 |
Silver Price Forecast Average $16.10 |
Silver Price Forecast High $17.75 |
|
Dahdah, Bernard Natixis |
Silver Price Forecast Low $15.20 |
Silver Price Forecast Average $16.20 |
Silver Price Forecast High $17.50 |
|
Fertig, Peter QCR Quantitative Commodity Research |
Silver Price Forecast Low $12.75 |
Silver Price Forecast Average $14.90 |
Silver Price Forecast High $16.75 |
|
Fritsch, Carsten Commerzbank AG |
Silver Price Forecast Low $14.25 |
Silver Price Forecast Average $15.25 |
Silver Price Forecast High $17.25 |
|
Garvey, Marcus ICBC Standard Bank |
Silver Price Forecast Low $14.90 |
Silver Price Forecast Average $16.60 |
Silver Price Forecast High $17.70 |
|
Hochreiter, Rene Noah Capital Markets/Sieberana Research |
Silver Price Forecast Low $15.00 |
Silver Price Forecast Average $16.00 |
Silver Price Forecast High $17.00 |
|
Klapwijk, Philip Precious Metals Insights |
Silver Price Forecast Low $15.19 |
Silver Price Forecast Average $16.71 |
Silver Price Forecast High $19.18 |
|
Liu, Yufei Bank of China |
Silver Price Forecast Low $14.50 |
Silver Price Forecast Average $15.60 |
Silver Price Forecast High $17.90 |
|
Meader, Neil Metals Focus |
Silver Price Forecast Low $14.50 |
Silver Price Forecast Average $16.50 |
Silver Price Forecast High $19.00 |
|
Meir, Edward INTL FCStone |
Silver Price Forecast Low $14.00 |
Silver Price Forecast Average $15.65 |
Silver Price Forecast High $17.30 |
|
Melek, Bart TD Securities |
Silver Price Forecast Low $14.75 |
Silver Price Forecast Average $17.00 |
Silver Price Forecast High $18.22 |
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Nagao, Eddie Sumitomo Corporation |
Silver Price Forecast Low $14.50 |
Silver Price Forecast Average $16.60 |
Silver Price Forecast High $18.75 |
|
Norman, Ross Sharps Pixley |
Silver Price Forecast Low $14.10 |
Silver Price Forecast Average $17.26 |
Silver Price Forecast High $18.55 |
|
O'Connell, Rhona Independent |
Silver Price Forecast Low $15.30 |
Silver Price Forecast Average $17.55 |
Silver Price Forecast High $19.30 |
|
Panizzutti, Frederic MKS PAMP Group |
Silver Price Forecast Low $15.00 |
Silver Price Forecast Average $16.63 |
Silver Price Forecast High $17.50 |
|
Ritter, Hans-G ünter Heraeus |
Silver Price Forecast Low $14.50 |
Silver Price Forecast Average $17.00 |
Silver Price Forecast High $20.00 |
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Savant, Rohit CPM Group LLC |
Silver Price Forecast Low $14.00 |
Silver Price Forecast Average $15.91 |
Silver Price Forecast High $17.50 |
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Schallenberger, Frank of LBBW |
Silver Price Forecast Low $14.00 |
Silver Price Forecast Average $15.57 |
Silver Price Forecast High $18.20 |
|
Steel, James HSBC |
Silver Price Forecast Low $14.65 |
Silver Price Forecast Average $16.27 |
Silver Price Forecast High $18.05 |
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Strachan, Ross Capital Economics |
Silver Price Forecast Low $15.30 |
Silver Price Forecast Average $16.50 |
Silver Price Forecast High $17.75 |
|
Subramanian, Venkatraman Foretell Business Solutions |
Silver Price Forecast Low $13.50 |
Silver Price Forecast Average $16.60 |
Silver Price Forecast High $18.50 |
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Teves, Joni UBS Limited |
Silver Price Forecast Low $13.90 |
Silver Price Forecast Average $15.80 |
Silver Price Forecast High $17.70 |
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Turner, Matthew Macquarie Bank |
Silver Price Forecast Low $14.50 |
Silver Price Forecast Average $16.10 |
Silver Price Forecast High $17.50 |
|
Vaidya, Bhargava B.N. Vaidya & Associates |
Silver Price Forecast Low $14.15 |
Silver Price Forecast Average $16.52 |
Silver Price Forecast High $17.75 |
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30 Silver Price Forecast Averages Low, Avg, & High for 2019 |
Silver Price Forecast Low $14.48 |
Silver Price Forecast Average $16.28 |
Silver Price Forecast High $17.99 |
To learn more about intelligent silver bullion buying and selling, pick up your free copy of our 21st Century Bullion guide.
Thank you for visiting us here at SD Bullion.
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