The Prospector News

Rising Investor Interest in Silver Detailed in New Report by Metals Focus

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Rising Investor Interest in Silver Detailed in New Report by Metals Focus

 

 

 

 

 

The main categories of global silver investment have increased appreciably this year, led by fresh all-time highs for silver in exchange-traded products (ETPs), where 746 million ounces of silver are currently allocated, global mint bullion coin sales rising by 30 percent year-on-year through July, and strong net-long positioning on COMEX (with net money managed longs up over 60% since the start of this year). The silver price, which began the year at $15.44 per ounce, is up 11 percent as of the end of September, posting a yearly high of $19.30 on September 4, a level not seen since 2016. 

 

Against this backdrop, the Silver Institute released a new market report today, entitled “Global Silver Investment,” prepared by Metals Focus, a leading global precious metals consultancy. The report examines current silver investment trends, as well as highlighting opportunities and identifying potential headwinds for the white metal.

 

Metals Focus looks at the various influences on the silver price, its correlation to other commodities, macroeconomic variables, and the silver supply and demand balance.

 

The report also explores the main areas of silver investment demand:

 

  • Commodity exchanges – a segment which is arguably the most sensitive to changes in investor sentiment, and the most volatile area of silver investment, featuring standardized contract sizes, delivery dates, and settlement locations;
  • Exchange-traded products – traded like stocks and tracking the spot price of silver with stored metal backing the shares. ETPs are a convenient way to invest in physical silver which has become popular amongst retail investors;
  • Physical investment – notably silver bars and coins;
  • Mining equities – offering investors the potential to benefit from stock appreciation and, in some instances, dividend streams; and
  • Over-the-counter – an important market for silver investment with “off-exchange” transactions between investors and dealer/brokers, which can offer greater flexibility for investors than futures exchanges in terms of quantities, qualities and form of metal, and delivery locations.

 

A complimentary copy of the report can be downloaded here Global Silver Investment Report.

 

The Silver Institute is a nonprofit international industry association headquartered in Washington, D.C. Established in 1971, the Institute’s members include leading silver producers, prominent silver refiners, manufacturers, and dealers. The Institute serves as the industry’s voice in increasing public understanding of the value and many uses of silver, including its role in numerous green technologies. For more information on the Silver Institute, please visit www.silverinstitute.org

 

Posted October 3, 2019

Share this news article

MORE or "UNCATEGORIZED"


Millrock Closes Non-Brokered Private Placement Financing

Millrock Resources Inc. (TSX-V: MRO) reports the non-brokered pri... READ MORE

February 14, 2020

Fremont Gold Closes Oversubscribed Financing to Drill past Producing Griffon Gold Project

Fremont Gold Ltd. (TSX-V: FRE) (FSE:FR2) (OTC PINK: USTDF) ... READ MORE

February 14, 2020

Great Bear Drills 10.58 g/t Gold Over 21.00 m; Initiates 5 Kilometre Grid Drill Program at LP Fault; Mobilizes Fifth Drill Rig

Great Bear Resources Ltd. (TSX-V: GBR) reported new developments ... READ MORE

February 14, 2020

Blackrock Gold Closes Final Tranche of Private Placement

Blackrock Gold Corp. (TSX-V: BRC) is pleased to announce the clos... READ MORE

February 13, 2020

Great Atlantic Closes $1 Million Financing

GREAT ATLANTIC RESOURCES CORP. (TSX-V:GR) (FRANKFURT:PH01) is ple... READ MORE

February 13, 2020

Copyright 2020 The Prospector News - Site design by Spyderbaby Productions