2024-05-21 16:55:00 ET
Will First Majestic Silver CEO’s silver price prediction of more than US$100 per ounce come true?
The silver price made waves in 2020 when it rose above US$20 per ounce for the first time in four years, and the precious metal has repeatedly tested US$30 per ounce since.
Most recently, the silver price broke through the US$30 mark on May 17 and went on reach a nearly 12-year high of US$31.80 in the next trading session. On May 19, the silver price hit US$32.33 per ounce, which remains its highest point as of May 21.
Well-known figure Keith Neumeyer, CEO of First Majestic Silver (TSX: FR ,NYSE:AG), has frequently said he believes the white metal could climb even further, to hit the US$100 mark or even reach as high as US$130 per ounce.
For further details see:
Could the Silver Price Really Hit $100 per Ounce? (Updated 2024)