Could silver outshine gold?

Amid current uncertainty, gold is currently close to record highs. Historically, the price of silver has risen shortly after and outperforms gold during the entire cycle, but caution is still needed. Data from Morningstar shows that Europe-domiciled precious metals ETCs saw strong demand in June, attracting around €1.5 billion in net inflows. Silver-focused ETCs alone drew €600 million. Despite this surge, gold and silver holdings remain well below previous highs, suggesting that there’s room for long-term investors to get involved. What are the main risks to silver prices? Which industries...