Over the past several weeks, we have repeatedly discussed the powerful rally in precious metals. It was hard to ignore: silver had risen by +69.66% in just one month, up to Thursday, January 29. The move appeared unstoppable and—frankly—illogical, difficult to justify on fundamental grounds, and above all imprudent. Plausible explanations did exist: silver’s growing […]
Just over a month ago, we focused our attention on silver (here), highlighting its growth potential when it was still trading around $53. In particular, we emphasized the metal’s structural production deficit: for several years now, global demand has consistently exceeded actual supply. This naturally raises the question of what has driven such a sharp—and […]
In recent weeks we have discussed both metals, not only in light of the strong performance delivered over the past couple of years—particularly throughout 2025—but also because of their growing popularity among retail investors, especially gold. Regarding XAU, we were not expecting outsized further appreciation. We analyzed it when it was trading around $4,050; after […]
Silver’s dual nature—as both an investment asset and a critical industrial input—continues to shape its market dynamics. It is primarily the industrial side that has driven demand in 2025, which is expected to remain stable at around 1.20 billion ounces. The automotive sector has been a key contributor, as increasingly sophisticated and environmentally focused vehicles […]
