Silver has nearly doubled this year due to a historic supply squeeze in the London market amid surging demand from India and silver-backed exchange-traded funds.
Silver has outpaced gold of late, gaining more than 11% to a fresh record, while copper has climbed almost 9% and is approaching an all-time high.
Institutional and retail traders are positioning for record rallies in silver and copper, with implied options volatility and trading volumes increasing, amid expectations of supply…