Hsbc Silver Price Foreast

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Hsbc Silver Price Foreast

HSBC Silver Price Forecast For 2027

The latest HSBC forecast for Silver reveals the precious metal will be near $57 in 2027. The reason for this decline in 2027 is that the supply will eventually improve.

Right now, the biggest factor that is pushing the Silver prices higher is the supply-demand imbalance. The demand for Silver is very high while the supply remains limited.

Silver Prices Will Drop To $57

If we look at the current prices, almost everyone thinks that Silver will cross the $100 level. However, HSBC thinks it's only due to the supply issue, and that will start to improve in 2027.

Many think that the rally in Gold and Silver was because of the fact that it is a safe haven asset. However, HSBC thinks the rally is more due to short-term tightness. So, this makes it difficult for the Silver to trade at high prices.

In the short to medium term, the Silver prices can stay elevated, and the price action will stay choppy. But the fundamentals don't support high Silver prices in the long run.

The bank also added that the Silver market will remain vulnerable to upside spikes as the supply issues are still prevalent. However, the supply issues will start to ease in late 2026.

Earlier, HSBC had set a price target of $68.25 for Silver, which is now revised lower to $57. This is a sign that the overall trend is still downwards, even if the precious metals move up in the short term.

As for the Silver demand, HSBC thinks that the industrial use will eventually come down due to higher prices. Similarly, the jewellery demand will also decline due to the high prices.

So while the supply issues will correct themselves by late 2026, the demand for Silver will also falter. This will create the ideal situation for Silver to move back to more reasonable levels.

The bank added that the mine output is rising and so is the scrap availability. So, the market will eventually normalize, and the Silver prices will also go down.

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