This year, investors have bought 1224 tons of silver ETF-through specialized funds. Investing in "paper silver" rose to 20, 08 thousand tons -. On AMarkets materials.
It is only 101 ton lower than the record in 2014. Investments in the "gold» ETF rose during the period to 405.8 tonnes (Bloomberg). This month, the spot price of silver rose by 8.2%, gold - by 4.9%. Gold and silver are rising on the idea that the Fed will not rush to increase interest rates.
Low interest rates - favorable environment for precious metals. Traditional assets in the space of zero interest rates may give investors earn only active speculation mode. Silver is still rising on expectations of lower production volumes. Production is reduced for the first time since 2011. At the same time industrial demand for the metal grows 4 years in a row - the reporting and forecasting data from the CPM Group.
When silver is sold - it sold out faster than gold. However, when investors buy silver, silver prices are rising faster than the price of gold in a similar situation.