“Silver volatility is just recovering from the lowest levels reached in over a decade, indicating a strong foundation for an extended recovery. The August 2013 high, just above US $24/oz., is a good area to expect good resistance. The gold vs silver ratio has backed away from near the 70 area and appears poised to revisit near 50,” said ETF Securities.
Year-to-date, SLV and SIVR have brought in a combined $158 million in new assets.
iShares Silver Trust
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of GLD and SLV.