HomeNewsSilver's AI Demand Sparks Surge as Gold Hits $4,700 — Investors Eye...

Silver’s AI Demand Sparks Surge as Gold Hits $4,700 — Investors Eye Hidden Silver Catalyst

-

Global precious metals markets show gold near $4.7k and silver at $95 per ounce today. Investors note silver’s affordability and rising industrial demand, especially from AI applications.

Tim Hack wrote, “I think silver will outperform gold by a factor of 6 in this cycle.”

Silver is easier for retail buyers to purchase, offering larger metal ownership for similar capital. The metal’s rapid commercialization is also cited as a driver of near-term price gains.

Rashad Hajiyev posted “My immediate targets for gold and silver are $5.1k and $125 respectively…” These targets imply further upside if industrial and investment demand continues to rise.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Bitcoin Recovery Falters as Spot Demand Weakens and ETF Flows Turn Negative

Bitcoin's price action continues to defy supportive macroeconomic signals, with data indicating a lack of decisive U.S. institutional buying. Despite favorable CPI data that boosted...

Binance Fires Compliance Investigators Who Flagged $1B in Iran Transfers

Binance has reportedly fired senior compliance investigators who identified over $1 billion in Iran-related crypto transactions conducted primarily via Tron-based USDT. The dismissals occurred amid...

Blockchain Social Benefits Work but Compliance Is Key: Expert

Blockchain technology offers significant efficiency gains for government social benefit programs and bond issuances, but major compliance hurdles persist. According to compliance expert Julie Myers...

Compound (COMP) Soars 23%, But Bearish Signals Suggest Potential 30% Price Plunge

Compound's COMP token surged 23% recently but faces potential reversal after hitting a descending channel's upper boundary. The altcoin traded at $20.51 after reaching a...

Most Popular

spot_img