Hedge Funds Buy Silver as Silver Bullion Deficit Surges

by Mark O’Byrne
GoldCore

– Hedge funds have taken a record net-long silver position – CFTC data shows

– Precious metal surges 26% in 2016 on Fed, industrial & investment demand

– Cumulative global silver bullion deficit surges on revised data

[…] Hedge Funds Keep Betting On Silver (Bloomberg)
Gold up for 2nd day on China data, weaker stock markets (Reuters)
North American appetite for platinum jewelry flourishes (Reuters)
China goes cold on platinum jewelry, crimping world demand (Reuters)
Gold Caps Weekly Loss as U.S. Sales Gain Curbs Haven Demand (Bloomberg)

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