Silver, like gold, could get a lift from rising inflation.
“Along with growing industrial demand, Gold said that silver could also outperform well on the investment side as investors look for assets to hedge against inflation,” reports Kitco. “Gold is seen as a traditional inflation hedge, but Gold’s research has shown that base metals, including silver, show stronger returns in a rising inflationary environment.”
Investors can tap silver equities with the Global X Silvers Miners ETF (NYSEArca: SIL) and related ETFs. SIL, the largest silver miner-related ETF, tries to mirror the Solactive Global Silver Miners Total Return Index, which is also comprised of global silver miners.
For more information on the silver market, visit our silver category.