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TrackInsight: The momentum continues for Silver ETFs

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07/07/2020 | 10:30am EDT

Investors had initially turned their attention to gold during the pandemic sell-offs in late March.

ETFs tracking silver prices won +1,90% yesterday and registered +$38,99M inflows. Over the last 30 days, the 27 ETFs in the segment progressed +3,97% with cumulative inflows of +$1,19Bn. If investors had initially turned their attention to gold during the pandemic sell-offs in late March, it has been a different story since businesses reopened globally. Silver ETFs saw record inflows this year (+$3,45Bn) even though their year-to-date performance only recovered recently (now standing at +1,95%). 27 funds tracking 9 indices are part of the segment for a total of $13,8Bn of assets under management.


© www.trackinsight.com 2020
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