Silver (SILVER) perpetual market

Silver is a precious metal with a dual identity, valued both as a monetary store of value and as an essential industrial input. Priced per troy ounce, it has served as coinage and a wealth store for millennia, and like gold it is viewed as a hedge against inflation and currency risk. What sets silver apart is heavy industrial demand: it is the best electrical and thermal conductor among metals and is used extensively in solar panels, electronics, electric vehicles and medical applications, so its price responds to manufacturing cycles as well as investment flows. This makes silver typically more volatile than gold, and traders watch the gold-to-silver ratio as a gauge of relative value. Supply comes largely as a byproduct of mining other metals. Growth in green technology, particularly solar power, has strengthened the long-term industrial demand story that increasingly drives the silver market.