Silver Price Surge Yields Meager Profits for Investors

Silver prices nearly doubled over the past year, delivering a 98% return for investors. However, those who invested in silver exchange-traded funds (ETFs) saw their profits dwindle to just 18%. This disparity is attributed to the fact that many investors did not stay invested throughout the entire period.

A report by DSP MF's Netra stated that as of July 31, 56% of the money invested in silver ETFs was sitting at a loss. The price of silver rose significantly over this time, but those who exited early or made changes to their portfolio missed out on substantial gains.