Which Precious Metals ETF Is the Better Buy: abrdn’s Silver SIVR or VanEck’s Gold Miners GDX? - The Globe and Mail

AI desk brief

The piece argues Abrdn Physical Silver Shares ETF (SIVR) is the cleaner silver proxy versus VanEck Gold Miners ETF (GDX), noting SIVR holds 100% physical silver, charges 0.30% versus GDX’s 0.51%, and has outperformed on a total-return basis over the past 12 months. It highlights silver’s 2025 surge of more than 140% before a sharp pullback, framing the metal as driven by both safe-haven demand and industrial use from solar panels, AI data centers and electronics.

For traders, the key takeaway is that the article is bullish on the silver investment case and prefers direct commodity exposure over miner equity beta. GDX is presented as more diversified but exposed to company-specific risks such as costs, management and geopolitics, while SIVR is positioned as the more cost-efficient vehicle if silver’s industrial-demand story remains intact.