The white metal has lost about 11%, weighed down by the stronger US dollar, rising interest rates and slowing growth.皇冠管理端登3手机（www.99cx.vip）实时更新发布最新最快最有效的皇冠管理端登3手机网址,包括新2登3手机网址,新2登3备用网址,皇冠登3最新网址,新2足球登3网址,新2网址大全。
LONDON: Silver has been the worst-performer among major precious metals in 2022, but prices may have fallen far enough to spark a modest recovery.
The white metal has lost about 11%, weighed down by the stronger US dollar, rising interest rates and slowing growth.
But prices could turn higher from later this year as the electronics and photovoltaics sectors support industrial consumption, while retail and jewellery demand look strong, James Steel, chief precious metals analyst at HSBC Securities USA Inc, said in a note.,
“We believe silver is oversold,” Steel said. “Much of silver’s industrial demand will be well supported and will not reflect overall industrial sluggishness,” while price declines will stimulate demand from key consumers China and India, he said.
Still, headwinds to the white metal’s rally exist as the world braces for the withdrawal of stimulus and an economic downturn. — Bloomberg