“Safe haven or industrial demand? Why silver has returned to the spotlight”
Silver returned to the limelight outperforming its sister metal gold in the past few weeks. Prices surged to a near one-year high on increased demand optimism and a weak US currency. In the overseas market, prices gained more than 25 per cent in the last one-month period while the domestic futures rallied more than 20 per cent.
The boost in silver largely comes from the industrial demand, especially from China. Though both gold and silver are considered safe-haven assets, silver is more ..
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