18.07.2016 - Commerzbank: Silver ETF Holdings Hit Record High
Silver holdings in global exchange-traded funds have hit a record high, says Commerzbank. Silver ETF inflows amounted to 53 tonnes Thursday, which puts inflows since the beginning of the week at 202 tonnes, the bank reports. "Holdings in silver ETFs are at a record level of 20,428 tonnes," Commerzbank says. "No doubt this is also one reason why silver has been outperforming gold of late." Meanwhile, gold ETF holdings, which have risen sharply so far in 2016, posted their second straight daily outflow, Commerzbank adds...............................................Full Article: Source
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