Silver’s Stellar 2024 Performance, 2025 Outlook
Silver has performed very well this year fueled by a number of factors, including the demand for investment-worthy metals driven by a fluid geopolitical landscape. The metal hit a 12-year high, which is commendable while gold achieved multiple new highs this year. Silver’s duality as both a precious and industrial metal is expected to continue influencing its market dynamics. Over 50% of the metal’s total demand is derived from its industrial uses. This year alone, industrial demand for the metal has assisted in the creation of physical tightness within the metal’s market. Sectors like renewable energy and electronics have substantially…