Categories
Gold

Silver ETF assets surge to all-time high as retail investors pile in

Click here to get this article in PDF

Financial Times/Chris Flood/5-9-2021

photo of silver coins stacked and in foreground“Investors have been buying silver for similar reasons as gold. Silver provides a potential safe-haven asset in the depths of a crisis, a portfolio diversifying asset, and as protection against the risk of renewed inflation.” – Chris Mellor, Invesco Europe

USAGOLD note: The demand for physical silver at USAGOLD has calmed a bit over the last thirty days but is still running at very high levels with one-ounce bullion coins the prime beneficiary. Much of this article is centered around ETF demand which market experts see as cooling somewhat in 2021 but still posting “a big increase by historic standards.”

Share

The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.