Silver price forecast: tech sell‑off raises risk of a drop to $45
ITF Team1 min read
Silver is testing the $48‑$50 support zone as technology shares slide, while ongoing AI investment may sustain demand over the longer term.
Silver prices have been caught in a tug‑of‑war between a weakening technology sector and the broader push for artificial‑intelligence spending. The metal is now hovering around the $48‑$50 range, a key support level that could be tested again if equity markets continue to slide.
Tech weakness puts pressure on precious metals
- A broad sell‑off in technology stocks has reduced risk appetite for non‑core assets such as silver.
- Lower equity valuations often translate into weaker demand for industrial metals used in electronics, including silver.
- If the $48‑$50 floor breaks, analysts see the next technical barrier near $45.
AI spending could provide a tailwind
- Continued corporate investment in AI hardware and data‑center infrastructure relies on silver for conductive components.
- Long‑term demand from the tech sector may offset short‑term price dips.
- Market participants are watching AI‑related capital‑expenditure reports for clues on future silver consumption.
What traders are watching next
- Break of the $48 support level could trigger a move toward $45.
- Resistance around $52‑$53 may act as a ceiling if tech sentiment improves.
- Upcoming AI spending data and any reversal in tech equity markets will be key catalysts for silver’s direction.
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This article is compiled from international market news for information only. It is not investment advice.