Bank of America now sees $65 silver, as price spike reduces London market to a ‘state of seizure.’
Technicals have supercharged the silver rally and the shortage of bullion for delivery in London threatens to render the market disfunctional. - Getty Images/iStockphoto Despite rallying by two thirds in 2025, the price spike in silver shows no sign of abating and, if anything, seems set to become even more extreme, say analysts. As prices climbed Monday, Bank of America’s global commodity team on Monday published a bullish outlook for precious metals and stuck a $65 per ounce price target on silver for ...