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Saxo Bank Predicts Silver to Outshine Gold Amid Industrial Boom

Silver’s impressive performance in 2024, as reported by Saxo Bank, highlights its dual role as both a precious and industrial metal. This year, silver has benefited from rising industrial demand, particularly in sectors like renewable energy and electronics, while also mirroring gold’s upward trajectory due to macroeconomic uncertainties. Analysts suggest that silver could outperform gold in the coming year, driven by continued industrial demand and a structural supply deficit that keeps prices buoyant.

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Why the Collapse of Bear Stearns Changed the Silver Market Forever

Published: 08-22-2023, 03:59 pm | Updated: 12-10-2024, 04:02 pm Very few people know exactly what was said, promised, discovered, obfuscated, threatened, etc. in the dark and high-tension days surrounding the collapse of Bear Stearns and its taxpayer-subsidized subsequent digestion by JPMorgan. What is irrefutable is that JPMorgan inherited Bear’s enormous and disastrous short silver position. How they would deal with it in response has fundamentally altered the silver market, while simultaneously setting it up for a historic rally. Bear Stearns’ failure coincided, to the day, with gold hitting all-time highs (over $1000) and silver hitting 30 year highs ($21). It’s

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Rows of freshly cast gold bars cooling in steel molds on a refinery production line, warm furnace glow in the background — why is China buying gold at record pace in 2026
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China Bought the Most Gold Since 2023 in July. Here’s Why.

China’s central bank just recorded its largest single-month gold purchase since October 2023. The number is notable. The structural reason behind it — a 19-percentage-point reserve allocation gap that no short-term price move will close — is what every gold owner needs to understand.

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Gold bars stacked in rows inside an institutional vault, representing central bank gold reserves and the five forces driving the gold price and silver rally higher today.
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Five Unrelated Forces All Moved Gold and Silver Higher Today. That Doesn’t Happen Often.

Five unrelated forces moved gold and silver higher on August 12, 2026 — and their convergence on a single session is rarer than it looks. July CPI landed clean, China’s central bank extended its record 21-month buying streak, gold entered overbought territory for the first time since March, silver’s dual engines fired simultaneously, and the Strait of Hormuz remains closed. Here is what each one means.

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Samantha is wonderful. I was nervous about spending a chunk of money. I asked her to `hold my hand’ and walk me through making my purchase.  
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Travis was amazing! I was having difficulty with a wire transfer of my life’s savings, and I was very worried that I might not be able to receive it all. My husband just passed away and I’ve been worried about these funds along with grieving for 8 months. As soon as I got connected with Travis, my concerns were immediately addressed and he put me at ease. The issue was resolved within days. He even called me back with updates to keep me in the loop about what was going on with the funds. I am so grateful for a customer representative like Travis. He really cares for his clients.

Sam was also very helpful! I called and was connected to Sam within 30 seconds. She helped me with a fee that was charged to my account. She had a great attitude and took care of the fee quickly.

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