Silver Surges 405% vs Gold's 170% Amid Supply Shortage

Silver experienced a 405% increase from its trough to peak, compared to gold's 170%. In the last month, silver has gained 16%, while gold's recovery stands at 10%. Silver's demand is significantly driven by industrial applications, with 50% of its annual use linked to sectors like solar panels and AI infrastructure. The VanEck Gold Miners ETF (GDX) reported $419 million in inflows this month, including a record single-day inflow of $25 million. This trend indicates that renewed interest in precious metals is likely to benefit investors, particularly in silver and gold.