As of 1 December 2022, Wallet Investor projected that the nickel price could hit $54,298.97 in November 2027. However, bear in mind that nickel price forecasts from analysts and price-predicting services can be wrong.Commodities, including nickel, are volatile assets. The rise and fall in nickel prices is affected by factors that are difficult to forecast, particularly geopolitical tensions and mine production. We suggest that you always conduct your own research, looking at technical and fundamental analysis.