The white metal has lost about 11%, weighed down by the stronger US dollar, rising interest rates and slowing growth.皇冠买球网址（www.hg108.vip）是皇冠体育官网线上直营平台。皇冠买球网址面向亚太地区招募代理，开放皇冠信用网代理申请、皇冠现金网代理会员开户等业务。皇冠买球网址可下载皇冠官方APP，皇冠APP包括皇冠体育最新代理登录线路、皇冠体育最新会员登录线路。
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