China's Silver Scene Is Buzzing Thanks To Retail And Solar, But ETF Investors Should Take Stock Of Geopol
2 Articles
2 Articles
China's Silver Scene Is Buzzing Thanks To Retail And Solar, But ETF Investors Should Take Stock Of Geopol
Silver is back in the spotlight with the metal witnessing a surge in demand, especially in China, per the report. This could provide a boost to silver prices and its ETFs – iShares Silver Trust (NYSE:SLV) and abrdn Physical Silver Shares ETF (NYSE:SIVR) tracking the bullion. China Silver Demand Hits Record High According to a Wednesday post on X by The Kobeissi Letter, China silver imports reached a record high of approximately 836 tonnes in Mar…
China's Silver Hunger Hits Record Levels—and Goldman Warns the Global Market Is Starting to Fracture
China imported approximately 836 tonnes of silver in March, the highest monthly total ever recorded, as demand from the country’s solar manufacturing sector and retail investors simultaneously overwhelmed domestic supply, according to Chinese customs data reported by Bloomberg. The March figure is 78% above February’s 470 tonnes — itself a record for that month
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