In the world of precious metals, gold has been reigning supreme over silver in recent years. One glance at the market metrics says it all: gold’s price per ounce has been consistently outperforming silver. However, recent market analyses suggest that this trend may be about to make a dramatic shift. nn Economists are now noticing an undercurrent of change: silver seems poised for a comeback. Several factors contribute to this forecasted change. One of them is an increased industry demand for silver, with its applications in industries ranging from electronics to renewable energy. nn From an investment perspective, silver’s relatively low priceâit’s currently a fraction of gold’s priceâhas the potential to lure investors looking for more affordable options in the precious metals market. Plus, possibilities of a weak US dollar, potentially rising inflation, and market volatility couple to make silver an attractive hedge against these economic uncertainties. nn While gold will likely continue to be a valued investment, the scales may balance more than they have in recent years. The precious metals market might be shining a bit more on silver soon. Read More
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