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MOST POPULAR ARTICLES
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D’Agostino: Gold Physical Sales Still Up 50%; Gold ETFs Shake Out Leveraged Speculators
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Peter Schiff: Gold Fools Shouldn’t Be Selling
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Gold ETF ‘GLD’ Sees Its Biggest & First Inflow In 2 Months
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Week In Review: Gold Pullback Toward $1,322 Begins, NatGas Tests First Layer Of Support, Oil Falls, Copper Rises
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Gold’s Large Market Size & Liquidity Keep It Less Volatile Than Silver, But Maybe Not For Long
***Top stories from the last 15 days
- Written by Sumit Roy |
- January 18, 2013
Silver ETF Holdings See Massive Spike, US Mint Runs Out Of Coins
- Details
Investors furiously bought silver in recent days, but prices remain subdued—for now.
Silver holdings in the iShares Silver Trust (NYSE Arca: SLV) were unchanged on Thursday, after spiking a whopping 18.4 million ounces on Wednesday. The one-day increase was only slightly less than the 20.8 million ounces that the fund added in the 12 months prior to Wednesday.
For added context, silver holdings across all silver exchange-traded funds increased by 59.4 million troy ounces over the last 12 months (excluding Wednesday). Including Wednesday’s spike, holdings were up 79.4 million ounces over the past year.
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