Source: Financial Times, 14th July 2010
Sail on, silver girl. The white metal may not have quite the fabled haven allure of gold, but its recent rise has tracked the yellow metal's surge, rising to about $18 an ounce. Like gold, silver is being propelled by demand from exchange traded funds as investors dump eurozone sovereign debt and bank equity. That is in marked contrast to silver's sell-off in 2008, when investment demand failed to halt its slide with the downturn to below $15 an ounce.
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