Goldman Sachs Warns of Extreme Volatility in Silver Prices Amid London Inventory Concerns
Goldman Sachs predicts turbulent months ahead for silver prices, forecasting sharp swings in both directions. The bank attributes potential volatility to dwindling London inventories—where global benchmarks are set—while physical reserves remain concentrated in US vaults.
Analysts downplay immediate crisis but caution volatility-averse investors. "We still see US tariffs on silver as unlikely," the firm noted, suggesting price stabilization could occur if metal supplies shift back to London.