Investors Flock to Silver as Precious Metal Prices Surge Amid Market Volatility
Global markets are undergoing a seismic shift as investors pivot toward precious metals, with silver emerging as a standout performer. The metal's price trajectory has turned parabolic, fueled by macroeconomic uncertainty and a weakening U.S. dollar. Physical silver-backed ETF holdings surged by 15.7 million ounces in November alone, marking growth in 9 of the past 11 months.
Market data reveals unprecedented demand for silver derivatives, with the skew indicator—measuring call-option volatility—jumping 8% to its highest premium since 2022. This rally reflects a broader flight to hard assets as traditional markets wobble. Silver's outperformance suggests it may soon eclipse Gold as the precious metal of choice for hedge-seeking capital.