More market info from experts hey hey heyTracking the most-active futures contracts, silver prices SIN4-0.96%SIU4-0.91% have gained roughly 13% month to date, compared with gold’sGCQ4-0.08% 6% climb.
Silver is priced as if it’s much more common than gold, but it may be much rarer than the price suggests, Chanin said. Given its antibacterial properties and ability to conduct heat and electricity, silver may also become even more important as an industrial metal, “causing a supply shortage.”
Out of 19 trading sessions this month, silver prices have fallen only three times, while gold prices posted declines for five of them. And while gold prices traded recently at just over a two-month high, silver tapped its highest in more than three months.