Silver’s Momentum Builds
One of the biggest performers this year has been silver, which has nearly doubled in price since January. Gold, by comparison, is up around 60%, an excellent move as well, but silver clearly outperformed.
The current narrative is straightforward: silver is not only a store of value like gold, but also a critical industrial metal. It’s essential in electronics, medical technology, and many other applications, particularly as a conductor in chips. With AI driving massive demand for data centers and advanced hardware, this industrial use case is becoming increasingly important.
Looking at the silver chart right now, it reminds me of the sharp spikes we’ve seen in the past. I’m not fully convinced yet that this time is different, meaning that these elevated price levels can be sustained for a longer period. That said, momentum is extremely strong, and I wouldn’t be surprised to see prices push even higher, potentially toward the $80–100 range over the coming year.
What do you expect here, guys? A sustained high price or will the wave break at some point in the coming months?
