Silver Price Forecasts For 2027/28 Trimmed as Markets Shift - TheBull.com.au

AI desk brief

J.P. Morgan cut its 2027 average silver forecast to $63.90/oz from $85.80; the article cites World Bank forecasts of $62 for 2027 and $58 for 2028. J.P. Morgan estimates photovoltaic thrifting could reduce annual solar silver consumption by roughly 60 million ounces, or 30%, while Deutsche Bank expects market balance or a modest surplus by 2027. Those shifts could weaken silver’s fundamental support, but the cited 2027 forecast range of $62–$70 remains above the article’s reported $51 spot price. The projected correction from earlier highs therefore is not a forecast of further losses from that quoted level.