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Yahoo Finance: Gold Has Been Hitting Record Highs - Why There's a Bullish Case for Silver Too

April 19, 2024
Buy Gold, Buy Silver

Article by Ines Ferre in Yahoo Finance

Gold’s recent breakout to record highs has investors optimistic about silver as well.

The commodity often referred to as gold's "little brother" has been hovering above $28 an ounce, up roughly 23% over the past two months, versus a 19% rise for the yellow precious metal during the same period.

“The typical pattern for silver is — gold is the leader. It breaks out first, and then within a few months silver kind of takes charge and slingshots by. We’re starting to see that,” Sprott Asset Management CEO John Ciampaglia told Yahoo Finance this week.

The bulls aren't just following price trends. They're also looking at demand, specifically silver's growing ......

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