UBS Remains Bullish On Silver Despite Price Decline

What: UBS analysts maintain a positive outlook on silver despite the recent price decline to around $**18.50** per ounce.
Why: The analysts cite silver's historical performance and its potential to benefit from a strengthening US dollar.
Signal: The bank's decision to maintain its bullish stance on silver is seen as a positive signal for investors.
Target: UBS analysts are targeting a price of $**22** per ounce for silver in the coming months.
Risk: However, investors should be aware of the potential risks associated with investing in a volatile commodity like silver.