SILVER rejected 33.376 on Friday, followed the same path with gold. Silver is significantly influenced by industrial demand, with over half of its total demand coming from industrial applications , renewable energy and semiconductors taking larger share. This makes it more sensitive to economic cycles than gold. Silver acts as an alternative inflation hedge in times Geopolitical risks and uncertainty which could make investors look into silver as a safe-haven asset.
Am bullish on silver and it will out shine gold based on large scale industrial demand for complex military application.
Am bullish on silver and it will out shine gold based on large scale industrial demand for complex military application.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.