Silver serves as a long-term store of value during economic instability.
To reduce reliance on single fiat currencies like the U.S. dollar. do banks buy silver
The short answer is , but they rarely do so as a retail service for the general public. Instead, their activity is largely institutional, driven by central banks or large commercial bullion desks. 1. Central Banks: Reserve Diversification Silver serves as a long-term store of value
Because of silver's critical role in electronics and green energy (like solar panels), some nations view it as a strategic industrial asset. 2. Commercial and Bullion Banks: Market Making their activity is largely institutional
Large commercial "bullion banks" (such as JPMorgan Chase and HSBC) are heavily involved in the silver market: