Silver is not acting as a store of wealth at the moment. It’s positively correlated (but not perfectly positively) to the stock market right now, so when the stock market goes up silver goes up and vice versa. It’s because it’s acting more as an industrial metal at the moment due to its use in electronics, specifically phones. Whatever you think the market is going to do right now is what silver going to do. Something will need to happen to cause it to start acting as a store of wealth.