Investors buy silver through ETF funds at the fastest pace in the last 2 years - on the materials AMarkets.
Silver in the hands of investors rose to a record volume - equivalent to 845.6 metric tons in March - is the maximum monthly gain since August 2013.
Silver is often called "the devil's metal" on Wall Street for that silver is often exhibits sharp price jumps up or down. In the week that ended March 22, the number of long trades on silver was a historical record. ETF funds are tied to silver, a special category of attracted investors. So players need maximum protection against risk.At the same time they do not want to pay much for the protection and are not willing to buy gold. In 2016 silver has managed to grow by 9.4% and gold - 16%.
The greater the gap, the more potential for silver for subsequent growth. And while Treasuries remain low rates, precious metals attract investors. Because the two asset classes fall into the category of protection. And the lower the yield of the bonds, the greater the interest in precious metals.