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 December PCE: Core Inflation Dropped More Than Expected READ MORE ‘Just a Matter of Time’ Before Gold Gets to $3,000 Says Bloomberg Strategist READ MORE Stoeferle Reaffirms $4,821 Gold Price Target by 2030 READ MORE Nobel Economists Unite: Trump's Policies Could Trigger Inflation Surge READ MORE Debt Avalanche Ahead: BlackRock CEO Sounds the Alarm on U.S. Economy READ MORE Add a Comment Cancel replyYour email address will not be published.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