Precious metals prices have been relatively stable in recent years, compared to other commodity sectors. Within the precious metal sector, silver has been by far the best performer this year.
Dollar strength and Fed tightening are likely to remain headwinds this year but increased demand from China and the US should compensate for lower investor appetite for precious metals.
"We remain positive on the sector overall but we think that the more "industrial" precious metals, notably silver, will outperform in 2015, in line with our positive outlook on the US and Chinese economies." says Capital Economics
