Silver Prices Are Outpacing Gold. That’s a Good Sign for the Global Economy.

Silver Prices Are Outpacing Gold. That’s a Good Sign for the Global Economy.

Silver has sharply outpaced gold’s gains in the previous three months, and its classification as each an industrial and valuable metallic could lead it on a path to even larger costs.

From Oct. 31 to Jan. 31, Comex silver futures climbed practically 25%, outpacing gold’s nearly 19% climb, a “statistically uncommon quantity that reveals the valuable metals market is bullish on international financial progress in 2023,” wrote Nicholas Colas, co-founder of DataTrek Research, in a Jan. 25 report.