Page 35 - Bullion World Volume 5 Issue 04 April 2025_Neat

Bullion World | Volume 5 | Issue 04 | April 2025

SIlver neWS

The Paradox of

Silver: Strong

Fundamentals,

Weak Performance,

and Misunderstood

Markets

Silver may outshine

While gold has surged 36% over the past year,
silver has only risen 27%, underperforming at what gold in the near
term, says Kotak
should be a moment of significant outperformance.
Securities’ Anindya
Ross Norman, of Metalsdaily.com contends that
the “manipulation” narrative misunderstands how
markets actually work, as banks maintain neutral Banerjee
positions through offsetting physical and futures
positions. This persistent negative messaging leaves
Silver prices are showing strong momentum and
silver “friendless” in the market despite strong
may continue to outperform gold in the near term,
fundamentals. The constant claims of manipulation
according to Anindya Banerjee, Senior VP and
deter potential investors from entering the market,
Head of Research (Currency, Commodity & Interest
making them distrust not the alleged manipulators
Rates) at Kotak Securities.
but the messengers themselves.

“Silver has gained compared to gold, and that is
Source-https://goldsilver.com/industry-news/
because of the base metals and a short covering
goldsilver-news/the-paradox-of-silver-strong-
rally in the equity markets,” Banerjee said, pointing
fundamentals-weak-performance-and-
to a shift in investor sentiment.
misunderstood-markets/
He added that silver, being a “risk-on” asset, tends
to perform better when market confidence is high.
From a technical standpoint, silver could test levels
of $31 per ounce in the near future, he noted.

Source - https://www.cnbctv18.com/market/
commodities/silver-may-outshine-gold-in-
the-near-term-kotak-securities-anindya-
banerjee-19586407.htm

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