Silver's Surge: Catching Up to Gold with Strong Industrial Demand Silver is finally catching up to gold, with a year-to-date gain of 17.6% as of April 2024, outpacing gold’s 13.4%. This surge is driven by a significant supply deficit for the fourth consecutive year and robust industrial demand from sectors like photovoltaics, vehicle electrification, 5G technology, and AI applications. Despite market recalibration and interest rate expectations, WisdomTree forecasts silver to trade above $32/oz by Q1 2025, reflecting its leveraged relationship with gold and increasing industrial applications. The strong correlation between silver and gold, alongside growing industrial demand, positions silver for continued gains amid economic fluctuations. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The $10 Trillion Defense Dilemma: Calls for Doubling NATO Defense Spending READ MORE Fed's Rate Cut Expectations Delayed as US Economy Proves Robust READ MORE Gold Retreats to Weekly Low amid Strong Job Data and Powell's Comments READ MORE Elite Hedge Fund's GameStop Bet Nets Millions Amid Meme Stock 400% Surge READ MORE Israel and U.S. Brace for Potential Retaliation from Iran and Hezbollah READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment