WisdomTree's Shah Sees Silver Rebounding to $70 by Q2 2027 as Gold Tops $4,560
Updated
Updated · Kitco NEWS · Jul 22
WisdomTree's Shah Sees Silver Rebounding to $70 by Q2 2027 as Gold Tops $4,560
1 articles · Updated · Kitco NEWS · Jul 22
Summary
$70 an ounce by Q2 2027 is WisdomTree strategist Nitesh Shah’s target for silver, after a correction from January’s speculative spike above $120.
Gold above $4,560 within 12 months is the main catalyst in his outlook, with Shah arguing silver’s next rise should track gold and rest on fundamentals rather than momentum trading.
Spot silver traded at $59.72, up nearly 2% on the day, while Shah said support above $50 shows the market is stabilizing despite months of volatility.
Prices near $60 still strain manufacturers, especially solar producers, but WisdomTree said lower levels reduce the risk of demand destruction that a return above $120 would have triggered.
Softer Chinese solar demand, easing inventory tightness and gradually rising mine supply should cool the market, preserving silver’s long-term industrial demand even as retail-driven volatility remains high.