Silver prices, they are surging to 13 year highs today as uncertainty around President Trump's tariffs continue for more bring it in Yahoo Finance senior markets reporter. Yes, Ferranes.

Yeah, Josh and we have seen silver really take off uh this week. Take a look right now at where we're looking at silver futures. They're up above $35 per ounce. So you're looking at 3582 and year to date you're looking at silver that's up 20%. There's a few reasons because of this. One is that this is a technical breakout. One analyst saying that this breakout has been brewing for a while and silver attempted to break through the $35 level a couple of times in recent months and now that is happening. Also you're seeing demand of flows into silver backed ETFs also some speculation that is going on. Look silver is an industrial metal as well. So there are uses for this as far as on the industrial side. It's made it's used for so many, so many so much manufacturing from electronics to solar panels. So anytime that you also see any type of supply and demand imbalance, you are going to also be seeing those prices go higher. But there is certainly this broadening demand so to speak beyond gold because silver and gold have a strong correlation. One of course is worth a lot more than the other, but usually when gold moves up or down, you will see that silver also moves up or down. And gold right now is up about 30% uh year to date and or 27% year to date. Silver up 20% year to date. So this bodes well for silver bulls out there because that you would see silver going up higher. By the way, take if if you look at the all time high record for silver that was $50 a troy ounce back in 2011. So presumably you still have room to go, but of course there are analysts out there that are saying this is a strong move in a short amount of time so uh be aware of speculation out there.

Yes, thanks so much. Appreciate it.