Silver & Copper: The New Metal Kings

Silver and copper steal the spotlight as institutional and everyday traders bet on record rallies, with silver nearly doubling in value this year. A historic supply squeeze in the London market, driven by strong demand from India and silver-backed ETFs, has fueled silvers recent surge. While the specific crunch has eased, other markets are now seeing tight supplies, with Chinese inventories at their lowest in a decade. This silver rally has brought higher volatility, with Western investors flocking to silver ETFs and options on silver futures seeing a buying spree. The future for silvers rally is uncertain, with some analysts suggesting it could go much higher, while others point to its current extreme valuation. Meanwhile, copper is also experiencing a boom, driven by growing demand for electrification, with supply shortages predicted in the coming years.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.