Could silver gain alongside gold this summer? [Video]
![Could silver gain alongside gold this summer? [Video]](https://editorial.fxstreet.com/images/Markets/Commodities/Metals/Silver/silver-miner-with-nugget-18319797_XtraLarge.jpg)
Silver tends to track gold, but it also has reasons for strength on industrial demand. The recent sharp fall in the US 10 years should pressure real yields and this is usually a boost for gold and silver. However, it has not been recently due to the strength in the USD. However, if the USD finds reasons to weaken then watch for silver upside, especially with some strong seasonals to back it up.
Over the last 10 years, silver has risen a total of 06 times in 10 years between July 20 and September 01 with an average return of +7.40%. The largest gain was in 2020 with a 40.74% gain.
Major Trade Risks: Silver will fall sharply on any hints that the Fed is starting to consider bond tapering. This is a key risk.
Author

Giles Coghlan LLB, Lth, MA
Financial Source
Giles is the chief market analyst for Financial Source. His goal is to help you find simple, high-conviction fundamental trade opportunities. He has regular media presentations being featured in National and International Press.

















