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While gold sees a decent uptick today, silver ($XAGUSD) seems to be lagging behind, not quite catching the same bid. Any specific industrial demand concerns impacting it, or is this just typical higher beta behavior being suppressed? Volume seems relatively subdued across the board.
Beyond industrial uses, what are the realistic long-term demand projections for silver in the renewable energy sector (solar, EVs)? The narrative is strong, but how much actual volume is translating into price action for $XAGUSD?
Silver seems to be lagging behind gold significantly. Industrial demand outlook? Or just the usual volatility for $XAGUSD?