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I just reviewed the behavior of precious metals over the past few weeks, and something interesting is happening with silver. According to the market data reports I saw, international spot silver could be on track to achieve ten consecutive weeks of gains, which is quite remarkable considering the volatility we've seen.
The curious thing is that this seems to be connected to the overall global economic uncertainty right now. Investors are seeking refuge in safe assets, and silver is benefiting from that movement. The risk aversion sentiment is at its highest, and that is driving silver prices upward quite steadily.
In summary, it seems that silver is playing its role as a defensive asset in times of uncertainty. Interesting to keep on your radar if you're thinking about diversifying your portfolio into commodities.