Citi predicts that silver prices will rise to USD 43 per ounce within the coming months. Meanwhile, the forecast for Brent crude oil in 2026 has been reduced from USD 65 to USD 62 per barrel. <\/p>\n
The bank also keeps a positive short-term target for natural gas (Henry Hub) at USD 3.8 per MMBtu, expecting growth to over 11k by the end of 2026. In terms of aluminium, Citi shows at least the same optimism as for copper in the long-term, raising the average price forecast for 2027 from USD 3,000 to USD 3,500 per ton. <\/p>\n
These details are based on information released by Reuters.<\/p>\n
Given the forecast for silver to reach $43\/oz, we should consider establishing long positions through call options or futures contracts expiring in the next quarter. This view is supported by the Federal Reserve’s dovish signaling at its August 2025 meeting, which typically weakens the dollar and boosts precious metals. We\u2019ve also seen industrial demand remain robust, with solar panel manufacturers increasing their silver orders by 12% in the second quarter of 2025 compared to the previous year.<\/p>\n
For Brent crude oil, the lowered 2026 forecast to $62\/bbl suggests initiating longer-term bearish positions. In the coming weeks, we could look at selling call spreads or buying puts dated for mid-2026 to position for this expected weakness. The latest EIA report showed a surprise inventory build of 2.5 million barrels, and concerns over slowing economic growth in Europe continue to weigh on future demand projections.<\/p>\n
The bullish short-term target for natural gas at $3.8\/MMBtu signals an immediate opportunity as we head into the winter heating season. We should look at buying November or December 2025 futures contracts, as early forecasts are already predicting a colder-than-average start to winter in key consumption regions. U.S. natural gas storage is currently tracking 4% below the five-year average for this time of year, adding to price pressure.<\/p>\n
With a constructive long-term outlook for aluminium, we can begin building positions in contracts for 2026 and 2027. The forecast increase to $3,500\/ton is driven by its critical role in the green energy transition, particularly for electric vehicles and renewable infrastructure. Looking back, we saw similar dynamics play out during the 2021-2022 period when supply constraints and high energy costs drove prices to record levels.<\/p>\n","protected":false},"excerpt":{"rendered":"
Citi forecasts silver surge, trims 2026 Brent outlook, and raises long-term aluminium price predictions.<\/p>\n","protected":false},"author":62,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-30160","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\n\t\t