Silver earlier jumped more than 7% and gold rose past $1,860
Demand surges on outlook for prolonged, uneven growth recovery
Silver’s surge has been getting an added boost from supply concerns and optimism about a rebound in industrial demand. Holdings in exchange-traded funds backed by the metal are at a record, while gold ETF holdings rose the most since mid-June on Tuesday and also sit at the highest ever.
Read Article: https://www.bloomberg.com/news/articles/2020-07-22/silver-jumps-to-2013-high-gold-nears-record-on-virus-concerns
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