Silver price prediction by the Big bank by the end of the year

1.Capital Economics — $16.30 per ounce
2.CIBC — $18.10 per ounce
3.Deutsche Bank— $17.60 per ounce
4.JPMorgan — $18.70 per ounce
5.RBC Capital Markets — $19.40 per ounce
6.Standard Chartered — $18.90 per ounce

However like many of the people we have mentioned we do see this reversing towards the final quarter of this year which is only a couple of months away. So we are of the opinion that silver will rest at or around the $16.50 - $17 level by December end having fallen no lower than $14 and risen no higher than $18 in between, even allowing for the US elections in November.