Continued geopolitical worries, supply deficits underpin the value of precious metals in the long term.
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The five funds with the best returns tracked companies that mined precious metals, with one ETF up 200% year-to-date.
Its price is up 100%, significantly ahead of gold’s surge, and the (very) few silver ETFs on the US market have benefited.
Silver’s role as an inflation hedge, its industrial uses and a supply deficit have created strong tailwinds.