Goldman Sachs "Silver prices expected to continue extreme volatility…conservative investors should be cautious"

Goldman Sachs expects silver prices to continue extreme volatility, alternating between rises and falls for the time being, and recommended a cautious approach for investors sensitive to volatility.

On the 7th (local time), according to the economic breaking news channel Walter Bloomberg, Goldman Sachs said in a report, "There is a high likelihood that silver prices will show large two-way price movements as supply and speculative demand act simultaneously," and described it as "an environment in which short-term sharp rises followed by sharp declines can be repeated."

However, it drew a line regarding the possibility of the United States imposing tariffs on silver imports. Goldman Sachs said, "At present, it views the likelihood that the United States will impose tariffs on silver as low."

Market participants are noting that, given the characteristic of the silver market where industrial demand and precious metals investment demand operate simultaneously, volatility can increase depending on changes in macro variables.