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UBS Cuts Silver Price Targets to $85/oz for Q2 End, Down from $100/oz

GateNews

2026-05-15 09:25:20

According to UBS strategists Wayne Gordon and Dominic Schnider on May 15, UBS cuts its silver price targets due to narrowing supply deficits. The bank revised its annual silver supply deficit to 60–70 million ounces, down significantly from its previous estimate of 300 million ounces, citing weakening investment demand, softer industrial consumption, and increased mine supply. The bank lowered its Q2 year-end target price to $85 per ounce from $100, and its year-end target to $80 per ounce from $85.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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