# FinancialAnalysis

Silver’s 110% Rally Highlights Structural Vulnerabilities in the Precious Metals Market
Silver has surged more than 110% year-to-date, dramatically outperforming gold. While the rally is partially driven by expectations of a Federal Reserve rate cut and resilient industrial demand, these factors alone cannot fully account for the scale or speed of the move. Beneath the surface, the surge is increasingly fueled by aggressive short-covering in the futures market and growing skepticism toward the traditional “paper silver” system.
Unlike gold, silver lacks central bank backing and operates in a s