Housekeeping: Good Morning.
“Comex is Dying”
Topic:
Silver Just Getting Started
Market Analysis: Silver Just Getting Started
Goldman’s Trading desk noted large Silver ETF flows late last week and offered their impressions of this latest leg higher in the Silver Rally. GoldFix broke that report down, the latest in a series of 13 Silver posts recently shared on this “new” white metal phenomenon.
Silver reclaimed center stage last week, surging nearly 9% in spot markets—its second-best weekly performance since June 2024. The spark? A fresh wave of tariff-driven enthusiasm, as the return of steel and aluminum tariffs rekindled interest in industrial metals, and silver caught the macro bid.
Goldman: Silver Buying Surge Not Overdone
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Yesterday, Goldman’s Trading desk noted large Silver ETF flows and offered their impressions of this latest leg higher in the Silver Rally.
They report ETF and options flows confirmed the strength of the move. The largest silver ETF posted $460 million in inflows, its strongest week in nearly a year. Simultaneously, call option volumes hit all-time highs on Thursday—an unmistakable signal that speculative and institutional players were repositioning in force. According to desk commentary, flows were skewed to buyers across the silver ETF complex, suggesting a broad-based appetite for exposure. Continues here
Related Posts:
This Week:
Data on Deck: CPI/ PPI
MONDAY, JUNE 9 10:00 am Wholesale inventories
TUESDAY, JUNE 10 6:00 am NFIB optimism index
WEDNESDAY, JUNE 11 8:30 am CPI
THURSDAY, JUNE 12 8:30 am Core PPI
FRIDAY, JUNE 13 10:00 am Consumer sentiment
Summary and Final Market Check…
