A move in gold above $2,300 could push silver prices toward $40, supported by ETF inflows. New statistics from the Department for Work and Pensions ( DWP ) reveal that 13 million people are now claiming the State Pension . Considered by many as being undervalued, silver is drawing interest from investors who are betting on interest rate cuts among central banks. When interest rates drop, investors tend to move away from interest-bearing assets toward gold and silver . The silver price forecast 2027 scenario modeling from institutional desks anticipates strong safe-haven demand during equity market corrections. Silver could outperform the S&P 500 in such phases.