Industrial Demand Paradox
Silver is caught between exploding demand for photovoltaic paste and an acceleration in thrifting trends. Manufacturers are aggressively investigating silver-to-copper substitution as current price levels hit production margins.
The Gold Silver Ratio Pivot
With the gold-to-silver ratio at its tightest in 15 years, some investors are taking profits. Unlike gold, silver lacks central bank 'structural dip buying,' making it more vulnerable to retail-led corrections during periods of dollar strength.