Silver price breaks $60 an ounce for the first time — Why silver prices are surging and what the silver's future outlook reveals after the year’s largest gain?

What makes this price action different is how broad the demand is. Silver is no longer only seen as a store of value. It is also now a critical industrial metal at the core of the clean-energy transition, and demand from manufacturing is pushing supply to its limits. The world needs silver for solar panels, EV batteries, semiconductors, medical devices, robotics, satellites, and advanced electronics. Industrial consumption has now crossed levels that miners cannot match at the current pace. Output is not s ...