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Silver will outperform gold as inflation and economy pick up - Heraeus Precious Metals

From kitco.com

Despite its dismal performance, silver remains the precious metals to watch. It could outperform gold as the global economy sees a robust recovery, according to one precious metals firm. In a report published Monday, analysts at Heraeus Precious Metals said that they expect silver prices to continue to outperform gold through 2021 as it benefits from rising inflation and renewed industrial demand as the global economy bounces back from the COVID-19 pandemic. "Consumption from industrial end-users is forecast to extend to a four-year high of 510 [million ounces] this year, with strong growth from the electrical & ... (full story)

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  • Category: Fundamental Analysis