
Silver (SIN24) is a precious metal that's also used in several industrial applications. For instance, it is the best thermal and electrical conductor among metals, which makes it an attractive component for electrical applications. In fact, more than 50% of silver demand comes from industries across multiple sectors.
Similar to gold (GCQ24), silver is also viewed as a hedge against inflation and a store of value. Moreover, the safe-haven metal can be used to diversify your portfolio, as it thrives amid economic downturns.