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Silver ETF SLV gains traction as investors rotate toward higher beta metals
Silver-focused ETF SLV drew strong investor interest as falling yields and ETF inflows helped silver outperform gold, highlighting its higher beta appeal in the current precious metals rally.
Investor attention has shifted toward silver-linked exchange traded funds as the metal continues to outperform gold during a broad precious metals rally. The iShares Silver Trust, which tracks spot silver prices, was last trading near $65.22, supported by above average volumes and strong momentum indicators. Falling US real yields, easing dollar strength, and growing expectations of rate cuts have improved the appeal of precious metals, with silver benefiting from its added industrial demand component.