Financial Times: Despite the plunge in silver, retail investors are still doubling down

According to a report by the Financial Times cited by Jinshi, despite the sharp drop in silver prices, which nearly erased the remarkable gains from the beginning of this year, retail investors still poured nearly $500 million into the silver market over the past week.

Data analysis from Vanda Research shows that as silver prices plummeted, retail investors invested $430 million into the largest silver ETF, SLV, over six trading days ending Thursday, including over $100 million on January 30, when silver prices fell by 27%, marking the largest single-day drop in history.

StoneX analyst Rona O'Connell stated, "People are attracted by the allure of silver." She also mentioned that the appeal of silver has been further enhanced by its "massive sell-off," with some investors viewing it as a good opportunity to buy at lower prices.