ETFs tracking the evolution of Silver prices surged on Wednesday, July 22nd with an average performance of 7,86% for the dedicated segment on TrackInsight. As well as other precious metals, silver benefited from the high regime of volatility that has shaken the market during the first half of the year. In 2020, this segment shows a cumulative performance of 23,62% while investors poured $ 4,6 Bn of new assets through the primary market in the 27 ETFs of this segment over the same period. Yesterdays return relies on growing expectations concerning an additional stimulus from central banks to help the global economy recover from the coronavirus crisis. The upward trend for silver may continue in the future, powered by low interest rates, increasing investment demand, disrupted production, and the restart of the industrial consumption.
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