The transition from fossil fuels to alternative energy sources should position silver for additional upside. For example, certain parts of the globe that harness solar power could fuel demand for the industrial metal.
The prospect of interest rate cuts this month and through the rest of the year is elevating prices for gold, but silver is also benefiting. The precious/industrial metal crossed the $40 price mark in the first week of September, which it hasn't done since 2011.
As stock market investors get a reprieve from the tariff volatility, silver prices have been showing signs of outpacing gold. If this is the start of an early trend, investors will want to consider exposure to the white metal.