If the global economy is expected to recover from the impact of the pandemic, which would boost demand for silver in various industries, then its demand as a hedge will fall in tandem. I think it is hard to predict which force is stronger in determining the silver price.
If the global economy is expected to recover from the impact of the pandemic, which would boost demand for silver in various industries, then its demand as a hedge will fall in tandem. I think it is hard to predict which force is stronger in determining the silver price.
I agree, the primary driving force for the value of silver is heavily dependent upon the current sentiment toward inflation.
Thanks for the info on silver, Christopher!