We expect the average price to keep rising given the growing industrial demand for silver as well as on fears of inflation. Fears of Inflation The continued easy monetary policy adopted in response to the economic crisis has led many to believe that this could result in high inflation as growth takes hold. While we estimate Silver Wheaton's average price for silver (per ounce) will rise closer to $50 by the end of our forecast period, Trefis members predict it to reach higher at $57.