TechFlow, on November 28, since October 2023, spot silver has surged approximately 163%, slightly outperforming gold's roughly 142% gain, completing a "value re-rating" amid low market attention. Analysts from BiyaPay pointed out that this round of silver's rise is more driven by its "industrial attributes": on one hand, the explosive growth in photovoltaic installations has increased demand for silver paste; on the other hand, LSEG forecasts limited silver supply growth and imminent mine closures, resulting in a long-term structural deficit, giving silver stable medium- to long-term allocation value characterized by "slow but steady gains." In the short term, investors should remain cautious about price corrections and cooling sentiment across precious metals.
Investors can use BiyaPay to trade USDT-denominated U.S. stocks, Hong Kong stocks, and futures, gaining exposure to silver mining companies and metal-related assets, while enjoying zero-fee spot and derivatives trading in digital currencies, enabling flexible allocation between precious metals and digital assets within a single account to balance growth and risk-hedging needs.
