Silver could fall further after latest slump, analysts say as they warn of demand destruction

Silver's more than 140% rally last year is now deterring buyers across several industrial end markets, according to UBS. Because silver has broad industrial uses, demand is more exposed to the economic cycle than gold, suggesting a cautious near-term outlook for the metal.

Analysis

Silver's more than 140% rally last year is now deterring buyers across several industrial end markets, according to UBS. Because silver has broad industrial uses, demand is more exposed to the economic cycle than gold, suggesting a cautious near-term outlook for the metal.