31 May 2023

A Sliver Of Silver With ETFs

Nilanjan Dey
Silver, the poor man’s gold, is a knight on a quest. Rarely in its history was the metal thought more investment-worthy by retail investors and rarely was it considered more seriously for portfolios, both big and small. The value of silver in the retail market has risen, even as investors have acquired it with the help of exchange-traded funds (ETFs). Indeed, a silent drip-drop became a splashy deluge ever since the regulator allowed silver ETFs to be rolled out. For many investors, including a section that has newly arrived in the market, silver ETFs are now the preferred proxy. The tradable funds, which track the price of silver as closely as possible, have garnered significant interest. The trend, it is felt, will sustain and grow bigger with the passage of time–just as it did with gold. The yellow metal has been chased relentlessly by investors who have taken the gold...
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