Ahmet Bedirhan Arvas 
Silver has reached an all-time high by climbing to $55 per ounce amid its sharp rally in recent days. Investor appetite continues to grow stronger day by day. As one of the leading precious metals in industrial applications, silver is driving other metals upward as well, setting new records one after another. Silver attracts attention both as an investment vehicle and as an industrial input, and this balanced demand profile helps keep its price steadily on an upward trajectory.
The Factors Behind the Surge
The use of silver in solar panel production and the electronics sector continues to increase each day. When this rising demand is combined with supply-side constraints, prices inevitably move higher. Moreover, as we have seen, gold has also surged amid global economic uncertainties. With uncertainty dominating the markets, it is clear that investors have turned to silver as the second safe haven after gold. This has significantly boosted interest in silver alongside gold.
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How Analysts Interpret the Market
Some analysts state that silver is likely to remain strong in the coming period due to rising industrial demand and supply shortages. On the other hand, others point out that its high volatility and its more speculative nature compared to gold could create challenges. Its current market value and position make it quite volatile. Investors are also being warned that economic slowdowns or interest rate hike risks could trigger sharp price corrections.
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