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Silver saw a strong run in the first quarter of the year, reaching a year-to-date high of US$26.36 per ounce, but it fell throughout Q2 to sit around the US$21 mark.
The Investing News Network spoke with Peter Krauth , editor of Silver Stock Investor, at this year's Prospectors & Developers Association of Canada convention . He said realistically silver could hit US$25 this year, or a little higher.
"I think that (investment demand is) going to be kind of the wild card that could really push silver much higher," Krauth explained. "People are going to get excited about gold , and they're going to look for an alternative."
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Top 5 Junior Silver Stocks on the TSXV (Updated June 2022)