Silver Price Forecast: Why AI Demand Could Trigger a Surge to $90
By:
Key Points:
- Strong US growth and AI investment continue to support industrial silver demand.
- High Treasury yields remain the main risk to the bullish silver outlook.
- A confirmed break above $72 could open the way toward $90.
Silver (XAG) starts September with a positive outlook after breaking out of its falling wedge in August. Strong US growth, rising vehicle sales and continued investment in AI support the industrial demand for the metal. But high Treasury yields and strong US dollar could limit gains and keep prices volatile. In my view, inflation data and Treasury yields will help determine whether buyers can push the price above $72. This article examines the economic drivers, market risks and technical levels that could shape the next move in silver.