The U.S. Mint reported on Wednesday that 33.75 million ounces of silver coins have been sold to consumers so far this year, with sales already outstripping the 33.74 million ounces sold in all of 2012.
Total silver held in exchange-traded funds also advanced by about 12.3 million ounces during August of this year, according to a recent UBS AG (VTX:UBSN) research note.
Silver prices, which tend to be more volatile than gold prices, have fluctuated considerably over the past two years, said Anthem Blanchard, CEO of Anthem Vault, which sells gold and silver bullion to U.S. consumers.
No comments:
Post a Comment