There is a lot of talk about gold, because the almost $ 3,000 reached by the precious metal impress most, but there is a performance that does not go unnoticed to professionals and has nothing to envy to that of gold: it is that ofsilver. The metal, for Moli verses similar to gold, He continues his rally in a deafentogether with the others “industrial” metalswho are benefiting from particularly favorable conditions on international markets. But let’s see what this metals are and because they are running a lot.
The performance of silver
Gold has certainly kept the bench with a performance of 8.8% since the beginning of the year, but silver keeps his head and Since the beginning of the year he has already gained 8.5%positioning itself to $ 31.70 the ounce. Since March of last year, there has been a 32%rise, while in the last three years the performance is equal to +23%.
According to the UBP experts Investing silver could be one Good alternative to golddespite its extreme volatility, so much so that the “devil metal” by professional investors have been baptized, precisely because of the strong oscillations of its price.
However – Union Bancaire Privée Michael Lok points out – “Currently they are needed just under 90 silver troy ounces to buy a single Oncia d’oro. Over the last century, this is happened only on three occasionsin the face of large -scale global economic events: in the late 1930s, at the beginning of the Second World War; in the early nineties, with the end of the Cold War; and in 2020, during the pandemic“. This “has allowed silver investors to overperform the gold detention of an average of almost 9% per year in the following five years”.
What the market is pushing
To support this raw material, together with the other industrial commodities, contributes the uncertainty fueled by the threesome of Trump of duties on aluminum and other goods imported from the EU. Rates that certainly would make international metal trade less competitive, although some of them are intensely employed in the Green industry.
Silver is used in the production of Photovoltaic panelsie more generally For chips and electrificationgiven its excellent conduction capacity. Copper finds wide use in almost all sectors of the economy (building, electricity, electronics) and proves to be fundamental in the energy transition, Being the third best conductor after gold and silver, but much cheaper. Platinum and Palladio, two other “noble” metals, are used for the production of catalytic mufflers and in the production of Electronic equipment and smartphones.
Therefore, waiting to understand a early April What will be the Plan of mutual duties Standing from Trump, the volatility of these metals could reach the stars and so also their prices. In addition, there is now also the Ukrainian questionwhich is keeping international relations in suspense.
As far as silver can arrive?
For many experts, silver will continue to highlight a brilliant performance in the years to come. Someone also talked about the possibility that he pushes himself to 100 dollarsbut the historical maximum for silver was reached a 50 dollars in the seventies. There are many to foresee that it will still rise from the current levels, but the possibility of reaching the target of 100 dollars is not shared by everyone, beyond the many bullish factors, more likely to push the previous record of 50 dollars or even higher at 70-80 dollars.
The other industrial metals
Apart from the gold, there are a whole series of metals of industrial use that show truly positive performances: the best of the year is currently the copperexcellent conductor, strongly used in industry for this ability, destined to remain in deficit Also in 2025 due to the strong Chinese questionlargely dissatisfied. Since the beginning of the year, the rise in red metal exceeds 13%. But on international markets, primarily Chicago and London, they also run the platinum (+4%), aluminum and the palladium with rise over 2% from the beginning of 2025.
