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The Silver Institute: Global Pandemic Fueled Renewed Investor Interest in Silver in 2020 Record Silver-Backed Exchange-Traded Product Inflows Drove Global Holdings to Over One Billion Ounces; Coin and Bar Demand Rose to a Four-Year High WASHINGTON, April 22, 2021 (GLOBE NEWSWIRE) Considerable growth in silver investment was the chief driver of the metal s 27 percent average price gain in 2020. Leading the way was substantial demand for silver-backed exchange-traded products (ETPs), which took global holdings above one billion ounces for the first time since their introduction in 2006. Strong demand for silver bars and coins pushed physical investment demand up 8 percent to a four-year high.

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