What Is Driving Up Silver (SLV) Besides Gold?
By Lior Cohen,
Summary
- The fall in the U.S. treasuries yields keeps up the price of SLV.
- The rally of gold is only partly related to the recovery of silver.
- Despite the recovery in silver prices, SLV’s silver holdings didn’t pick up.
The silver market has started off the year on a positive note as shares of iShares Silver Trust (NYSEARCA:SLV) added nearly 14% to their value (up to date). Is most of this recovery related to the rise in