As we approach 2025, the precious metals market is abuzz with speculations and forecasts. One rampant question that market observers seem fixated on is – ‘Can silver outpace gold in 2025’?nnThe price of gold has traditionally dominated that of silver. However, several financial experts and market analysts believe that this could change in 2025. There are a few important factors that could influence this shift.nnFirstly, the industrial demand for silver is expected to rise significantly, primarily from the renewable energy sector. Silver’s impressive conductivity makes it indispensable in the production of solar panels.nnSecondly, silver mines supply has been decreasing over the past few years. Unless new significant deposits are found, this gap between demand and supply could drive up the price of silver.nnThe overshadowing influence of gold over silver has been primarily due to its significance as a value store. However, with these new factors coming into play, we could potentially see the tables turning in 2025.nnKeep in mind; these are based on current market trends and other unpredictable global events can sway the scales in either direction. Read More
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