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Silver

Commodity
XAG/USD
30.33
+6.41%

Simulated chart for educational purposes — not real market data.

OverviewSilver

Silver is both a precious metal and an industrial input — used in electronics, solar panels, and EVs.

How it works

Silver trades alongside gold but is more volatile. It's driven by both safe-haven flows and industrial demand.

Key factors

Industrial demand
Solar, electronics, and EV manufacturing drive ~50% of silver demand.
Gold correlation
Silver typically follows gold but with bigger swings (higher beta).
US dollar
Priced in USD — dollar strength is a headwind.
Mining supply
Most silver is a byproduct of other mining; supply is relatively inelastic.

What to watch

  • Gold/Silver ratio
  • Solar industry demand
  • US real yields
  • Industrial PMIs

Where to track it