Investors Anticipate Launch of BGI Silver ETF

Anticipating the approval of the Barclays Silver ETF, silver prices were at their highest in more than 22 years and are expected to move even higher if the investment fund is approved, according to MarketWatch.

Processing Content

"Lots of speculation regarding the Barclays ETF is just driving prices higher. There is still a lot more upside potential," said James Moore, precious metals analyst at TheBullionDesk.com.

Since the star of this year, silver has gone up 18%. Last Friday, it hit $10.43 an ounce.

"There is little evidence that the rally this year is really justified from a fundamental point of view," Wolfgang Wrzesniok-Rossbach, head of precious metals marketing at Germany's Heraeus, said.


For reprint and licensing requests for this article, click here.
Money Management Executive
MORE FROM FINANCIAL PLANNING

CEO Brian Moynihan said the firm recruited twice the number of advisors it did a year ago and is making progress fighting advisor attrition.

April 15
1 Min Read
Day Three Of World Economic Forum (WEF) 2026

Behavioral finance expert Tim Maurer shares how planners can adjust their language and approach to help clients move toward their goals.

April 15
6 Min Read
Tracking the gap between how planners and clients view their relationships

Chief Financial Officer Sharon Yeshaya says financial advisors have $400 billion in assets since 2020 from clients who first came to Morgan Stanley either through its workplace or E-Trade businesses.

April 15
3 Min Read
Day Two Of World Economic Forum (WEF) 2026

For advisors with $600,000 in annual production, regional firms like Janney and RBC have been reducing their compensation in recent years. They're now more in line with the pay policies more commonly found at large Wall Street firms.

April 15
1 Min Read
2026-600K.jpg

In the first quarter, the firm's FiNet channel for advisors working as independent contractors recruited advisors with $9 billion in client assets.

April 14
2 Min Read
Senate Banking Hearing On Oversight Of The Nation's Largest Banks

Top executive Jane Fraser dismisses speculation Citi wants to buy a U.S. retail bank while touting surging revenues for the megabank's wealth unit and the firm as a whole.

April 14
3 Min Read
Jane Fraser, CEO of Citigroup