Silver is capturing attention as economic uncertainty drives investors toward safe-haven assets. Analysts note a surge in demand for precious metals, with silver standing out due to its dual role as both a safe haven and an industrial commodity. Prices have risen steadily, supported by global concerns over inflation and slowing economic growth.
Source – FXStreet
The metal’s versatility in clean energy and technology sectors is also a significant driver, with industrial applications accounting for nearly half of its demand. Recent data shows an uptick in silver futures, reflecting increased interest from both retail and institutional investors. Experts highlight that silver’s affordability compared to gold makes it an attractive alternative for those seeking portfolio diversification.
Investors are keeping a close watch on monetary policy and geopolitical developments, which could further influence silver prices. While some volatility is expected, analysts suggest silver’s long-term outlook remains bullish, underpinned by its critical role in emerging industries.
