Silver has seen a solid performance year to date, gaining 23.1% and outpacing gold’s 12% climb, making it one of the year’s best-performing major commodities. The metal even broke above the $30 level and notched an 11-year high of $32.57 on May 20. The rally has been fueled by geopolitical uncertainties and increasing bets of U.S. interest rate cuts. Global industrial demand for silver is expected to reach a record high in 2024, mainly driven by photovoltaics, while supply is expected to dip 1%. This sugges ...