Expert Analysis: Google Gemini's Silver Price Prediction for End of 2024

Monday, 29 April 2024, 10:10

Discover how Google Gemini, powered by artificial intelligence, forecasts the silver price by the end of 2024 amid various expert predictions. Analyzing factors like industry demand, investor sentiment, and dollar strength, the innovative AI platform projects a range of $20 to $34.70 per ounce. With silver already on the rise and entering a supply deficit, find out what this prediction means for investors and the future of the precious metal market.
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Expert Analysis: Google Gemini's Silver Price Prediction for End of 2024

Google Gemini Predicts Silver Price for End of 2024

Thanks to the developments in artificial intelligence (AI), kickstarted by the launch of the text-based AI platform ChatGPT by OpenAI and further assisted by the invention of Google Gemini and other popular products, the technology has proven handy in analyzing trends in various markets, including silver.

Google Gemini Silver Price Prediction

Notably, Google Gemini has offered a possible low-end price range prediction for silver by the end of this year that stands between $20 and $24 per ounce, as well as a high-end forecast that sees silver between $28 and 34.70 per ounce, reflecting “the varying predictions from experts.”

Silver Price Analysis

Meanwhile, silver’s price at press time stood at $27.37 per ounce, which suggests a decline of 44.65% from its all-time high (ATH) of $49.45 per ounce in early 1980 but, nonetheless an increase of 0.59% on its daily chart, a decline of 5.18% across the week, and an advance of 11.26% over the past month.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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