ETFs tracking silver prices rose again +2,83% yesterday as investors increased their exposure with +$154,38M of inflows. Over the last 30 days, they rallied +38,49% with impressive cumulative flows of +$2,35Bn. Much of the demand of silver is derived from industrial use cases and the precious metal is at the core of 5G networks implementation. Silver ETFs saw record inflows this year with +$5,1Bn. Their year-to-date performance is now standing at +37,37% and therefore largely offset March losses. 27 funds tracking 9 indices are part of the segment for a total of $20,5Bn of assets under management.
Download the TrackInsight 2020 Global ETF Survey.
