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I know the article mentions increasing industrial demand without any other details, but I was under the impression precious metals were going up as investors we
by lovich 10mo ago
I know the article mentions increasing industrial demand without any other details, but I was under the impression precious metals were going up as investors were trying to hedge against uncertainty with the current market
- AnimalMuppet 10mo agoI am under that impression too. But why is silver doing so much better than gold? Can anyone explain?
- dpraburaj 10mo agoThe silver market is around 10 times smaller than gold. When gold does well(in this case primarily due to central bank buying), usually silver catches up and outperforms gold as speculative interest takes hold. Silver has higher volatility compared to gold, although both can be quite volatile in a bull market.