Silver Surges as Retail Investors Flock to ’Gold on Steroids’
Silver has outpaced gold's rally, gaining nearly 50% year-to-date compared to gold's 15% rise. Analysts dub it "gold on steroids" as retail investors drive demand amid geopolitical tensions and economic uncertainty.
The metal briefly touched $117 per ounce before retreating, but remains poised for near-term outperformance. Unlike gold—boosted by central bank purchases—silver's surge reflects a grassroots trading phenomenon.
Vanda Research notes silver has become "retail's new favorite toy," with individual investors fueling the rally as institutional players dominate gold's ascent.