The country’s sole silver-focused investment fund halts new retail investments after a buying spree drives market price far above its actual asset value.
Summary
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Terms & Concepts
Silver Futures: Contracts to buy or sell silver at a predetermined price and date in the future, commonly used for hedging or speculation.
Fund LOF (Listed Open-Ended Fund): An investment fund that is traded on an exchange like a stock but allows investors to redeem units directly with the fund.