TechFlow reports that, according to the Financial Times on February 8, despite a sharp plunge in silver prices—nearly erasing its remarkable year-to-date gains—retail investors poured nearly $500 million into the silver market over the past week.
Data analysis from Vanda Research shows that, amid the silver price crash, retail investors injected $430 million into the largest silver ETF, SLV, over the six trading days ending Thursday—including over $100 million on January 30, when silver prices dropped 27%, marking the largest single-day decline in history.
StoneX analyst Rhona O’Connell stated: “People are drawn to silver’s allure.” She added that silver’s appeal has been further heightened by its “massive sell-off,” with some investors viewing it as an opportunity to buy at lower prices.
