Silver has delivered a spectacular rally over the past year, gaining around 98%. But for investors who bought silver during this period, the experience has been very different, their returns were nowhere close to the headline gain.
According to a report by DSP Mutual Fund, the average investor in silver earned just 18% on a money-weighted basis over the past year, compared with the 98% return delivered by the precious metal. More strikingly, 56% of the money invested in silver over the last 12 months is currently sitting at a loss.
