Fund Radar: Is silver the new gold rush?

Oh babe, you got my soul You got the silver, you got the gold You got your love, just leave me behind I don't care, no, that's no big surprise Little did the Rolling Stones songwriter and guitarist Keith Richards know that his 1969 song 'You got the silver' can easily be meant for modern-day silver funds, which have sparkled like a retro disco outfit and ignited white-hot investor interest in recent times. Don't just take our word for it. As of May 2024, silver funds have zoomed 29 per cent in the last 12 months and 32.39 per cent in the last three months, which is almost double that of the next best-performing category (gold funds). The outperformance is primarily driven by China's stimulus measu