Silver has scored double the percentage gain for the month as compared to gold. Many analysts believe that the price of silver hasn’t topped out for this year yet. Silver is priced much more lower than gold but it is much more rarer than gold and it’s a far more important as an industrial metal. Most of the upward move for silver was due to the increase in demand and this was fueled by improving economic data, which hit the tape early this week and last week in the U.S., said Naeem Aslam, chief market analyst at AvaTrade.