Silver losses short-lived in ETCs

Deutsche Bank's db Physical Silver ETC and ETFS Physical Silver were up 1.54% and 1.48% respectively on Monday, according to London Stock Exchange figures. However, the rebound and the underlying recovery in the silver price has only recouped a margin of last week's losses, when silver plummeted 30%. iShares Silver Trust holdings also declined over 750 tonnes, but is part of a revival being seen across commodities. Gold was back above the $1500 mark Monday morning, and is now fixed at $1517.25 per troy ounce this afternoon. This week's movements in precious metals come on the ba...