WPM stock price momentum aligns with forecasts of rising silver demand from industrial sectors, especially in renewable energy applications. "Gold prices could reach $3,000 this year due to the disruptive nature of the current U.S. administration creating market uncertainty and central banks potentially increasing gold purchases to diversify from U.S. dollar holdings," Jim Wyckoff, a senior market analyst at Kitco Metals, said. Wheaton Precious Metals ( NYSE:WPM - Get Free Report ) Wheaton Precious Metals' WPM stock price recently broke above its 50-day moving average, signaling an upward trend. Analysts project a possible 6% upside within the next quarter.
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