Meta AI's Forecast for Silver Prices in 2025: What Investors Should Know

Thursday, 22 August 2024, 10:20

Meta AI predicts silver price for 2025 using advanced models and expert insights. As silver trends sideways, investors eye potential price surges.
Finance in Bold
Meta AI's Forecast for Silver Prices in 2025: What Investors Should Know

Market Overview

Although the spot silver market has exhibited a sideways trend, increasing buying interest is evident.

Meta AI Insights

Finbold consulted Meta’s Llama 3.1 model to project silver’s value in 2025, suggesting a price range between $30 and $55.

Expert Predictions

  • Keith Neumeyer: Projects a long-term target of $100 per ounce.
  • Reuters: Estimates a 2025 price of $30 per ounce.
  • PriceVision: Expects a mid-2024 to mid-2025 price around $48.

Demand Factors Influencing Prices

Investment expert Kevin Bambrough forecasts increased demand driven by advancements in electric vehicle battery technology.

Production Implications

  1. Samsung's new battery requires silver, possibly up to 1 kg per vehicle.
  2. 20% adoption in 80 million annual car production forecasts 16,000 metric tons of silver demand.

Market Analysis

Currently, silver is priced at $29.58 per ounce, reflecting a 0.01% decline in 24 hours, but has gained 20.15% over the past year.

Price Metrics

  • A kilogram of silver: $951
  • Price per gram: $0.95

While these AI-driven forecasts are based on analytical data, investors should conduct their own evaluations due to market volatility.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe