The silver price has risen to levels last seen in 2011, driven by the EV and solar power industries – but the higher the silver price gets, the more pressure there is to switch to alternatives such as copper metallization in solar cells. The silver price has doubled since 2019 levels, with a +50% jump in 2020 which never reverted, followed by a second 50% gradual increase since early 2024. This moment in particular is a good one to observe the impact of the solar industry on the price of silver since a Chinese power market reform is pushing a rush to install solar ahead of June 1st – any shortage-based factor in the price of silver paste is liable…