The ETFs are down about 7% year to date and have fallen 11% the past month.

Gold and silver ETFs were set to open higher Tuesday. [ETF Espresso]

“It’s been a somewhat turbulent year for precious metals in 2011, but analysts are predicting that gold and silver prices will make solid gains in 2012 as both move back into favor with investors as alternative stores of value,” The Wall Street Journal reported.

ETFS Physical Silver Shares

Tisha Guerrero contributed to this article.

Full disclosure: Tom Lydon’s clients own SLV.

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