Oli Hansen, head of the raw materials strategy division at Saxo Bank, predicts a possible decline in gold relative to silver. According to him, investors may begin to turn to silver as a cheaper alternative, which could demonstrate better returns due to various factors.
"Silver has declined recently, and we have all the grounds to expect that this will continue. One reason is the accelerating development of the renewable energy sector, in which silver is used as a key component for solar panels," noted the expert.
According to Hansen, silver has potential for growth in the near future, and investments in this metal could become an attractive option for investors in unstable financial market conditions.
