Silver prices hit fresh yearly lows as investors bypass the precious metal in favor of government bonds despite ongoing equity market volatility.
Silver is experiencing a significant downward trend, hitting fresh yearly lows following a 5.8% plunge in the previous session. Despite market volatility stemming from concerns over AI-related equity investments, silver has failed to attract safe-haven inflows, as capital is currently being redirected toward government bonds instead.
Silver is failing to attract safe-haven demand because investors are currently prioritizing government bonds as their preferred defensive asset class.
The asset is in a strong downtrend, having reached fresh yearly lows following a 5.8% drop on Thursday.
Silver prices hit fresh yearly lows on Friday, extending a 5.8% decline from the previous session. Despite broader equity market volatility linked to AI-related investment concerns, the precious metal failed to attract safe-haven inflows as capital shifted toward government bonds.
Investors are currently favoring government bonds over silver as a primary safe-haven asset, despite the recent sell-off in AI-related equities.