abrdn Physical Silver Shares ETF

SIVR

Market cap $6.8B

Individual investors have been snapping up silver at such a pace it has turned into the most crowded commodity trade in the market, according ​to a report published on Thursday by Vanda Research.

Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.

Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.

Silver's importance as an industrial metal and the tight supply situation present a positive backdrop for prices. However, risks from trade policy and macro sentiment are likely to remain the focal point of pricing, according to ING Group.

Integra Resources offers significant upside, with 2-3x potential if gold prices remain elevated, driven by DeLamar and Florida Canyon assets. ITRG is highly leveraged to gold/silver prices, with current valuation showing a meaningful discount to combined NPV even at conservative metal price assumptions. Florida Canyon provides immediate cash flow, funding growth without dilution, but high AISCs and ongoing CapEx constrain near-term free cash flow.

Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.

Earnings are due from Goldman Sachs and Morgan Stanley this morning

Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." Chapters: 00:00:00 - MLIV 00:00:03 - Critical Minerals Tariffs 00:00:38 - Silver, Gold Prices 00:02:00 - S&P Futues, Small Cap Stocks Rotation 00:02:51 - AI Bubble, Inflation -------- More on Bloomberg Television and Markets Like this video?