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 Gold Edges Higher as Markets Price in 93% Chance of September Fed Rate Cut READ MORE The Silver Institute: Demand Soars to Near-Record Highs in 2024 READ MORE Gold's Unprecedented Surge in an Everything Rally READ MORE Bank of America Predicts Surge to $3,000 as Central Banks and Investors Rally READ MORE A Close Above $2,078/oz Sets a Record High Closing Price for Gold READ MORE Add a Comment Cancel replyYour email address will not be published.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