トゥーナ wrote a post · May 28, 2024 11:44

Reasons for the rise in precious metals

It seems that precious metals are starting to rise again.

In particular, silver is showing tremendous growth.

I have considered various reasons, but besides the reasons I mentioned before, I also think that semiconductors are probably involved.

Semiconductors also use gold, silver, copper, etc., so it is understandable that precious metals have been bullish recently.

Furthermore, silver has been particularly rising due to chronic supply shortages since 4 years ago, combined with the very small silver market, explaining both the sharp rise and volatility.

Whether it's AI or computers, these materials are definitely used, so I believe that as competition intensifies in the future, the value of precious metals will slowly rise while fluctuating.

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