SLV, the ETFS Physical Silver Shares (NYSEArca: SIVR) and the Sprott Physical Silver Trust (NYSEArca: PSLV) each currently hover near 52-week lows. [Bad Things for Silver ETFs]
Underscoring investors’ current distaste for precious metals ETFs, nearly $11.5 million was pulled from theETFS Physical Palladium Shares (NYSEArca: PALL) last month despite a nearly 2% gain for the ETF that has been the brightest spot for precious metals funds this year.
SPDR Gold Shares
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of GLD.