#PreciousMetalsPullBack 1. The "Dual Engine" Demand
Unlike gold, which is primarily a monetary hedge, silver’s value in 2026 is being driven by a powerful "dual engine":
Industrial Scarcity: With silver prices breaking past $100/oz earlier this year, the demand from green tech (solar PVs alone consume ~125 Moz annually) and AI data centers has created a persistent supply deficit.
Monetary Hedge: As gold nears $5,000/oz, tokenized silver has become the "high-beta" alternative for investors looking for safe-haven protection with more aggressive upside.
2. Tokenization as a De-correlator
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