‘Silver is the raw material’: the attraction of the safe haven is doubled in the face of growing industrial demand – TD Securities


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(Kitco News) Silver is an explosive metal and right now is the hot product in the precious metal space, says TD Securities. This week, the metal is clearly seeing its safe-haven appeal in addition to rising industrial demand. “Silver is increasingly being traded as an industrial metal, given its growing beta of our real-time commodity demand indicator, while at the same time, the white metal is underpinned by growing appetite for metals precious, “write commodity strategists at TD Securities. At the time of writing, Comex silver futures were trading at $ 21,295, a 5.46% increase on the day.

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