The Globe and Mail reports in its Friday, June 2, edition that Raymond James analysts, in a research report released Friday, raised their short-term price forecast for precious metals. The Globe's David Leeder writes that the analysts say in a note: "In precious metals, we have increased our 2023 gold price estimate on an expectation of a weakening U.S. dollar and expectations of slowing interest rate increases and have adjusted our silver price forecasts with our gold: silver price ratio now at about 83.5 times for 2023 (about 81 times previously). We have also increased our 2024 and long term gold and silver price forecasts to reflect ongoing inflationary pressures with our long term gold: silver price ratio now at about 81 times (previously 80 times)." The analysts like Agnico Eagle Mines for its lower political risk profile and steady to growing production profile. Among intermediate producers they like Calibre Mining for its production and cash flow growth. They like Endeavour Mining for its low cost and attractive valuation. As well, they recommend K92 Mining for its growth potential and exploration opportunities. They like Osisko Gold Royalties and Wheaton Precious Metals in the royalty space.