Gold Silver Reports – Investors Are Dumping This Silver ETF at the Fastest Pace Since 2011 – Silver has tumbled about 7 percent since trading at a four-month high in September as precious metals lose favor amid the record-breaking rally in U.S. equity indexes.
Solid earnings reports from companies including Caterpillar Inc. are fueling optimism about global growth, bolstering the case for the Federal Reserve to keep raising borrowing costs and hurting the investment appeal of non-interest-bearing assets including gold and silver.