"Gold of the poor" explodes! Silver rose 74% year-to-date, industrial overlay and monetary attributes boost long-term bullish expectations.

Silver is becoming the most dazzling asset in the precious metals market this year. As a metal long referred to as the "poor man's gold," silver is not only affordable, but also seen by analysts as a highly cost-effective investment target because it possesses both monetary attributes and industrial demand. According to the financial news app, data shows that the price of silver has surged by 74% this year, ranking at the top among major precious metals, significantly outperforming gold, platinum, and palladium.