Core Viewpoint - Bank of America predicts that silver prices will reach $40 by the end of this year or early 2026, driven by industrial demand and a shift in the market dynamics of silver [1] Group 1: Industrial Demand - Industrial demand for silver is expected to hit a record high in 2024, contributing to a structural deficit in the silver market for the fourth consecutive year [1] - The growth in the green energy sector, particularly solar energy, is anticipated to significantly boost industrial demand for silver [1] Group 2: Market Dynamics - Historically, silver's value has been driven by its precious metal characteristics, but the industrial aspect is becoming increasingly important [1] - Concerns over tariffs and supply chain disruptions have posed challenges, yet strong industrial demand is expected to persist into 2025 [1] Group 3: Future Outlook - Silver is recognized as the best conductor of electricity, which will play a crucial role in investments related to solar panels and electrification [1] - A more stable industrial activity environment is projected to enhance silver's market performance [1]
美国银行:工业需求将助力白银起飞 目标看向40美元