Silver Climbs to Five-Month High as Investors Pile Into ETFs
- ETFs backed by silver climb to highest since December 2014
- Commerzbank sees silver catching up on gold in medium term
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Silver is finally catching up to the gold rally.
After trailing gains in the yellow metal for most of the year, silver is accelerating its climb, touching the highest in more than five months on Tuesday, as investor holdings in exchange-traded funds backed by the metal jumped to the most since December 2014.