| Analysts at BMO Capital Markets say silver has been lagging gold again lately, but they expect silver to continue moving higher later this year. “There continues to be profit taking in silver, while gold speculative positions are seeing growing longs again,” BMO says.
“Earlier this year, silver prices lagged gold by about six weeks due to uncertainty around industrial activity globally. However, we note that the negative sentiment towards industrial demand has eased somewhat, especially given the outperformance of the steel complex.” The firm says silver industrial demand tends to be “sticky,” although this is often overlooked by markets...............................................Full Article: Source
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