Silver's Glitter Lures Money Managers Betting on Rally: ChartBy
Silver is surging, and money managers have taken note. Net-long positions jumped 30 percent to a record 54,885 contracts in futures and options in the week ended April 12, data from the Commodity Futures Trading Commission showed three days later. The rise came just before silver leapfrogged gold as this year’s best-performing precious metal, rallying 18 percent compared with gold’s 16 percent advance.
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