**BREAKING: Commerzbank Slashes Silver Price Targets Amid Sharp Correction**
Commerzbank has revised its silver price forecasts downward following a steep decline that saw the precious metal tumble from USD 70 to USD 57.50 per troy ounce. Analyst Norman Liebke announced the updated targets, now projecting silver to reach USD 67 by year-end 2025 and USD 80 by the close of 2027, marking a significant reduction from previous expectations.
The revision comes as silver experiences heightened volatility, though Commerzbank maintains a constructive medium-term outlook supported by structural supply deficits in the market. The forecast adjustment affects traders holding long positions and commodity-focused portfolios, while the persistent deficit narrative suggests downside may be limited despite near-term weakness.
Silver remains caught between industrial demand headwinds and its safe-haven characteristics, creating a challenging environment for position sizing. The metal’s dual role as both an industrial input and monetary hedge continues to drive price swings.
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FXnCO Insight
** Traders should watch USD 57.50 as a critical support level while considering scaled entries on weakness, given Commerzbank’s bullish longer-term view backed by supply fundamentals.
Source: FXStreet