What Would It Take for Silver to Break Away from Gold?

Silver could break away from gold as industrial demand from AI chips, solar cells and vehicle electrification reshapes it. Rhona O'Connell, StoneX Head of Market Analysis, EMEA & Asia, explains what would loosen silver's link to gold and how palladium demand is being rebuilt. Silver mine supply is largely price inelastic because most of it surfaces as a byproduct of copper, lead, zinc and gold output, so a higher price does little to lift production while industrial demand keeps building. On platinum and palladium, Nornickel has unveiled a palladium laboratory outside Moscow and is working through new uses, including partial substitution for silver in solar cells and for gold in electronics. Discover Actionable Insights with StoneX Market Intelligence: https://shop.stonex.com/collections/all?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_rhona_o_connell&utm_content=share Watch the full conversation: https://www.youtube.com/watch?v=4C27LfKYDBU Why Precious Metals No Longer Move Together: https://www.stonex.com/en/insights/why-precious-metals-no-longer-move-together/ Download the StoneX 2026 Commodities Outlook: https://www.stonex.com/en/insights/commodities-outlook/?utm_source=youtube&utm_medium=qr_code&utm_campaign=mi_outlook_q3_26 0:00 Silver's Long Link to Gold 0:31 AI Chips and Solar Want Silver 1:09 Silver Mine Supply Cannot Flex 1:27 Combustion Engine Doubts Ease 1:45 Nornickel Hunts 100 New Uses 2:29 Palladium Muscles into Solar Like and subscribe for more financial market insights. #Silver #Palladium #PreciousMetals #StoneX #RhonaOConnell