Silver’s strength this year has been underpinned by a combination of factors, including a persistent supply deficit, strong industrial demand thanks to solar – one of the metal’s primary uses, EVs and electronics, and renewed investment flows into silver as a cheaper alternative to gold. The gold/silver ratio is back down at 70 – a year-to-date low – from a peak of 105 around Liberation Day, suggesting increasing institutional investor confidence in silver. Beyond that, US tariff uncertainty has pulled metal from London to the US, triggering a historic squeeze, with COMEX futures trading above London prices for much ... (full story)