Silver ETFs Outshine Gold in 2024: What's in Store for 2025?
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In 2024, silver ETFs like iShares Silver Trust (SLV) and abrdn Physical Silver Shares ETF (SIVR) have outperformed gold ETFs, with SLV and SIVR rising over 33%, compared to SPDR Gold Trust ETF (GLD) which gained 31.3%. This performance is attributed to lower rates and safe-haven demand.
December 13, 2024 | 5:15 pm
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POSITIVE IMPACT
abrdn Physical Silver Shares ETF (SIVR) has also risen over 33% in 2024, benefiting from the same market conditions as SLV.
SIVR's performance mirrors SLV's, indicating strong market conditions for silver ETFs, likely leading to continued investor interest.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
iShares Silver Trust (SLV) has risen over 33% in 2024, outperforming gold ETFs due to lower rates and safe-haven demand.
SLV's significant rise in 2024, driven by favorable economic conditions, suggests continued investor interest and potential for further gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
SPDR Gold Trust ETF (GLD) gained 31.3% in 2024, slightly underperforming silver ETFs like SLV and SIVR.
While GLD performed well, it was outpaced by silver ETFs, suggesting a shift in investor preference towards silver.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 70