Key Points Analysts at Citi believe that in the near term, silver could hit $75, and within 12 months, $90. The bank believes a less hawkish Fed and improving geopolitical issues could lead to greater demand for silver. The iShares Silver Trust has risen nearly 50% in the past 12 months, as a result of rising silver prices. 10 stocks we like better than iShares Silver Trust › The price of silver hit an all-time high of more than $121 per ounce in January, and it hasn't gotten anywhere near those levels since. On Tuesday, it was trading at around $63 -- roughly half of where it was at its peak. There may, however, be multiple catalysts that send the precious metal higher in the weeks and months ahead.
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