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Retail investors are piling into the silver market:
The largest physical-backed silver ETF's, $SLV, holdings are up to 16,390 tonnes, the highest since July 2022.
Total silver held by the fund has risen +3,000 tonnes since February.
By comparison, the February 2021 peak was 20,819 tonnes, during a period of extreme retail interest in silver ETFs fueled by WallStreetBets.
Overall, total known ETF holdings of silver stand at 24,551 tonnes, the highest since June 2022, after rising +4,933 tonnes since February.
Retail demand for silver is accelerating