Silver’s Sparkling Surge Boosts Holdings to 3-Year High: Chart

Ebbing concerns on the global economic outlook are giving silver another leg up on gold, which has fewer industrial uses. Investors are pouring the most money in more than three years into the iShares Silver Trust, the largest exchange traded fund backed by the metal, as gains in the commodity this year almost double those of gold. The reason: Growing optimism that central banks will take steps to counter fallout from the U.K.’s Brexit vote, helping spur industrial demand for the white metal.

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