Investing in metals: why silver might be the new gold ?

Silver is emerging as a strategic investment due to its growing role in technology, especially in renewable energy (solar panels) and electric vehicles. Despite declining jewelry demand, industrial demand for silver hit a record high in 2023, outpacing supply for the third consecutive year. A report by Lear Capital highlights the potential of silver, noting that it remains undervalued compared to gold and has room for growth. With increasing uses and a possible supply crunch predicted by 2050, silver offers a unique hedge against inflation and market uncertainties, presenting an attractive opportunity for investors.