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Can silver prices sustain slowing momentum in the green energy transition?
Industrial demand increases from the global green energy transition propelled silver prices to a 12-year high last month as demand has outstripped supply. However, this trend appears to be at risk after the World Economic Forum noted that momentum in the green energy transition is slowing. In a report published Tuesday, the WEF said that while the global energy transition is still progressing, growing geopolitical uncertainty has caused it to lose momentum. The report used the Energy Transition Index (ETI) to benchmark 120 countries on the performance of their current energy systems. In the current hierarchy, ... (full story)