Physical demand, less supply to support silver in 2015: HSBC

摘要

As per the recent report from HSBC suggested silver average price forecast of $17.65 an ounce for silver in 2015 - meaning a rise from current prices - although the bank looks for rallies to be limited by a stronger U.S. dollar and weaker commodities generally. However, HSBC also looks for support to come from strong physical demand, jewelry and coin purchases, plus tighter mine and scrap supplies.