Top 10 Reasons for Silver's Rally and Best way of Investment...!

 Top 10 Reasons for Silver's Rally and Best way of Investment...!

by Mr. S. Sridharan, Financial Planner,
https://www.walletwealth.co.in/


1. Gold's rally boosting silver as a correlated asset.  


   Gold surged to $2,733.50/oz, pushing silver higher.

2. Geopolitical tensions driving demand for safe-haven assets  
   
Middle East tensions fueled safe-haven buying of silver.

3 Expectations of central bank rate cuts favouring precious metals 
   U.S Fed and ECB expected to cut rates; support silver.

4 U.S. election uncertainty increasing market hedging demand
  
   Tight presidential race spurs hedging in gold and silver.

5 Rising demand for industrial silver in renewable energy sectors
  
   Silver is crucial in solar panels and EV production growth.

6 Inflation concerns driving investors towards real assets like silver
  
   Investors turn to silver as protection against rising inflation.

7 Strong physical demand from investors and central banks
  
   Silver hits $34.06/oz, highest level since late 2012.

8 Lower interest rates making non-yielding assets more attractive

  
  Low-rate environments enhance the appeal of silver and gold.

9 Silver's affordability compared to gold appealing to retail investors

  
   Silver's price at $34.06/oz remains accessible versus gold.

10 Technical momentum breaking key resistance levels at $32.55
  
    Silver broke $32.55 resistance, establishing new support for further gains.

The best way of investing in Silver is Silver ETF 

 


Mr. S. Sridharan, Financial Planner,
https://www.walletwealth.co.in/

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