
After sharp sell-offs that began on Jan. 29, the prices of gold and silver have rebounded. Most recently, the impetus for those precious metals’ bullish price action has been the war between Iran and an allied United States and Israel, which began on Saturday, Feb. 28.
But as impressive as the precious metals rally was last year—and how it has notably continued this year—both gold and silver are being outperformed by one critical industrial metal: lithium.