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As silver trades near seven-year highs, here's why investors continue to pile in

From cnbc.com

In recent weeks, the silver price has rallied to hit its highest level since 2013. Here, CNBC looks at why investors have been flocking to the precious metal and what’s driving its drastic moves. Gold has traditionally been investors’ favorite safe-haven, and is somewhere to turn when bonds offer flat or negative returns and stock markets are choppy. This has certainly been the case during the coronavirus crisis, when the gold price has hit record highs. But silver has seen even bigger percentage gains in recent weeks. “It seems like silver is going for the gold medal,” said Mobeen Tahir, associate director of ... (full story)

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  • Category: Fundamental Analysis