Silver is currently emerging as a leading asset, surging high in terms of price and popularity. The economic world is now shifting towards the traditional asset mentality, with gold and silver sparking up new demand. With investors eyeing new assets to safeguard their returns, especially at a time when rate cuts are looming over, here are three leading reasons that scream power when it comes to diversifying one’s portfolio into silver.

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Three Reasons Why Silver Needs to Be in One’s Portfolio

1. Silver Predicted to Hit a New High of $50

Silver bars
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First and foremost, silver’s industrial demand is rising rapidly, signaling a new pathway for the metal to explore. Silver is now being used in the majority of the new industrial domains, including microchips, AI data centers, electrical relays, and outputs. The metal is also being heavily used in US manufacturing units, which is playing a key role in driving the metal’s demand. Per Rashad Hajiyev, a leading financial analyst, silver is now targeting $50, with predictions of the asset scoring even better highs in the future.

2. Lowest Entry Point As Compared To Gold

Image of a silver bar
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Silver is emerging as the new safe-haven asset, a stable one on top of it, as its industrial demand continues to spark strategically. Silver is now inching towards a new high amid the rising interest rate cut speculations. As the Federal Reserve rate cut scenario picks up pace, gold, alongside silver, is also rallying, offering a lower entry point than gold. This helps investors explore new, stable, and rising assets in times of crisis, assisting them in diversifying their portfolios towards sturdier assets.

3. Geopolitical Uncertainty

Gold and Silver bars
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Geopolitical uncertainties are one of the key drivers that compel investors towards safe, tangible assets. As global uncertainties, including war-like situations and worsening economic data stats, continue to pile up, investors are now scurrying towards safe tangible assets as one of the reasons to safeguard their interests, helping the price of the metal spike up in the process.

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