Silver surged to a record high as soaring ETF inflows, rising industrial demand, expectations of a Fed rate cut, and a falling gold-silver ratio point to a continued rally toward $62 and potentially $100.
Silver (XAG) prices surged to a record high of $59.33 last week, driven by soaring ETF inflows, rising industrial demand, and expectations of a Fed rate cut. In my view, this shift in the macro backdrop sets the stage for a continued rally toward $62... [6280 chars]