Silver surged to a new high of 58 dollars in a day, with some calling a target price of 95 dollars not a dream?

[Coin World] This Tuesday, silver directly got liquidated, with prices soaring to a historic high of $58. This year, it has almost doubled, with a 98% rise that has left gold behind.

Why has it suddenly become so strong? Several reasons have compounded: inventory is continuously being consumed, buying pressure from investors has become evident, and there are ongoing concerns on the supply side. A CEO from an institution has come out to say that this bull market is just warming up, with a target directly seeing $95.

His logic is that the market structure is changing, and the industrial demand for solar panels and electronic devices simply cannot stop. Silver is not just an investment product; its industrial properties are there, and the hard gap in demand may be more serious than everyone thinks. If this wave of the market really continues at this pace, there will be more to watch in the future.