Silver is expected to shine this year, on the back of a positive spill-over from gains in gold, with the yellow metal continuing to benefit from macroeconomic and geopolitical uncertainties across critical economies.
Washington-based Silver Institute is forecasting a silver price gain of 13% to average the year at $18.40/oz.
Last year, silver recorded a 4% increase in the average price to $16.21/oz, which was the first yearly price increase in four years.