Loading ...Did Citi raise it’s price target on Silver to $150? – True
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Yes, Citigroup (Citi) did raise its short-term price target for silver to $150 per ounce.This update was announced on January 27, 2026 (Tuesday), with multiple reliable financial news sources confirming the details:
- Citi upgraded its 0-3 month forecast for silver from $100/oz to $150/oz.
- The bank described silver as behaving like “gold on steroids” (or “gold squared”), driven by strong momentum, speculative and physical demand (especially from China), capital rotating into precious metals, and tightening supply conditions.
- This was the second upward revision in recent weeks, as silver had already surged past earlier targets amid a historic rally (with spot prices hitting records around $117/oz before some pullback).
- Citi noted potential near-term risks like profit-taking from Chinese investors around Lunar New Year, which could increase volatility, but remains bullish overall on silver outperforming gold until it looks “expensive” by historical standards (e.g., potential for $170/oz if the gold-silver ratio reverts to 2011 lows).
Did the CEO of MKS say silver was going to $150?
No, there is no evidence that the CEO of MKS PAMP (or any executive from the company) stated or predicted that silver was going to $150 per ounce.
Searches across news sources, the company’s official website (mkspamp.com), LinkedIn announcements, and recent interviews (e.g., Reuters on U.S. expansion in January 2026) show no quotes or reports of the CEO (or other execs) claiming silver would reach $150.