Silver has increased by nearly 175% this year, and some people are having trouble understanding it. You say it follows gold's rise, but gold is backed by central bank reserves from various countries. Silver's rapid increase seems to lack a particularly solid reason; it feels like it was pushed up by capital forces. I think there might be a few reasons: first, industrial demand for photovoltaics and electric vehicles is indeed growing; silver not only has financial attributes but is also an industrial raw material.