BiyaPay analyst: End of a decade-long consolidation, silver breaks above $60, poised for a major uptrend by 2026
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BiyaPay analyst: End of a decade-long consolidation, silver breaks above $60, poised for a major uptrend by 2026
Silver has surged nearly 110% this year, far outpacing gold. The gold-silver ratio has fallen below 70x. With the U.S. listing silver as a "critical mineral" and supply deficits persisting for several consecutive years, coupled with rising silver demand from solar power, electric vehicles, and AI applications, these factors are seen as the three main drivers behind the current rally. BiyaPay analysts指出 that if the gold-silver ratio continues to revert toward 60 or even 50, silver and related mining companies, as well as U.S.-listed silver ETFs, could see further gains. However, given the current high levels and elevated volatility, investors are advised to use USDT via BiyaPay to gradually allocate into silver mining stocks and commodity assets, strictly manage position sizes and leverage, and closely monitor the pace of Fed rate cuts and changes in industrial demand data.
Navigating Web3 tides with focused insightsTechFlow news, December 10 — Silver has surged nearly 110% year-to-date, significantly outperforming gold. The gold-silver ratio has fallen below 70x. U.S. designation as a "critical mineral," consecutive years of supply deficits, and rising silver demand from solar panels, electric vehicles, and AI applications are seen as the three main drivers behind this rally. A BiyaPay analyst noted that if the gold-silver ratio continues to revert toward 60 or even 50, silver and related mining companies, as well as U.S. silver ETFs, could see further gains. However, given the current high levels and elevated volatility, investors are advised to use USDT via BiyaPay to gradually allocate into silver mining stocks and commodities, strictly manage position sizes and leverage, and closely monitor the pace of Federal Reserve rate cuts and changes in industrial demand data.
