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The iShares Silver Trust was among the top six most-traded equity securities among retail investors on Friday, according to VandaTrack, which collates data from US brokerages. The The ETF is backed by physical silver held in vaults, meaning it needs to purchase the precious metal when it receives new investments. Shares in silver miners also rose on Monday, with London-listed Fresnillo up as much as 21 per cent and Hochschild Mining climbing more than 18 per cent.
The rush in to silver was reminiscent of a similar effort by oil barons William Herbert Hunt and Nelson Bunker Hunt, known as the Hunt brothers , who in bought billions of dollars worth of the metal in an attempt to corner the market. Analysts said it would be more difficult for retail investors to have a sizeable impact on the silver price, given the large off-exchange market for the precious metal, where banks trade on behalf of clients.
There was also not a single visible short position to target as there was in the case of GameStop, said Philip Newman, managing director at consultancy Metals Focus. Still, a supply squeeze could have real-word implications given that silver — unlike gold — has a number of industrial usages such as in photovoltaic cells used in solar appliances. Click here to visit the ETF Hub. Manage cookies. Currently reading:. Buffered ETF popularity surges but regulatory hurdle threatens.
What is a buffered ETF? China and Japan expand ETF connectivity scheme. Investors call for more clarity on Singapore ESG fund labels. Retail trading.
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Who Can Play. To register an account with the Website, click on the "Register" tab from the Home page. In order to open the account, You will be required to provide true and accurate information including: Your full name; Your current address; Your valid e-mail address; Your current country of residence; Your mobile number; Your date of birth; Your gender; You will also be required to: Select and confirm password; Select currency You wish to play in.
You must not seek to register an account with us if you have more than one account or have been previously excluded from the Website. When You are ready to play, You need to deposit funds into Your Account. Forms of Verification We are under a strict duty as a gambling operator, in accordance with various laws and regulations, to ensure that You are who You claim to be and that the funds that You use to play are Your funds and are earned legitimately.
We may therefore perform third party searches against your name, compare the personal information You have provided, or we otherwise hold against other databases and make such enquiries and requests. Furthermore we may ask for additional information and documents as we require to validate your account and the funds being used to play in that account. We have a large selection of Games and sporting events on the Site.
To play, log into your account and go to the games lobby or sports page to get active on BetGold. Start playing by clicking on the game of Your choice. You must always play the Games on the Site in line with these Rules and any special Rules that apply to Games offered on the Site.
Different Rules apply to different Games Where such rules apply, please click on the [link] for each Game to see the rules that apply to that Game : : Casino Live casino Sportsbook Esports Virtual Sports. We do not accept cancellations of bets or stakes on any Games except for in exceptional circumstances.
Such cancellation is solely at Our discretion. We do not issue refunds except under exceptional circumstances, which is solely at Our discretion. Account Details. You must keep your login details secure and not share them with anyone.
If you share them, even unintentionally, You are responsible for any abuse or misuse of your Account. You must always keep your registration information up to date. If any of your details have changed, you must contact us immediately If you are aware the information provided at registration is incorrect, You must tell Us immediately or immediately amend Your information.
It is Your responsibility to know if Your activity on the Site is legal in the country from which You are playing. You are only allowed one Account on this Site. If you have more than one Account, You must immediately inform Us. You agree that we can check You are who You claim to be. You agree to give Us all documents requested to prove Your registration information and payment details, such as by way of example only a copy of Your passport, utility bills or bank statements.
You cannot use any technical error or vulnerability to Your advantage. We will be entitled to cancel and reclaim all winnings gained in this manner. You agree that you shall not be involved in any fraudulent, collusive, fixing, or other unlawful activity in relation to Your use of the Site.
You shall not use any software assisted methods or techniques or hardware devices to aid of Your participation in the Games on the Site. You agree that we may also share Your information with other people or businesses in order to carry out Our business and deliver the Site to You. What We Can Do. We reserve the right to refuse to open an Account for any reason. We reserve the right to suspend or close your Account for any reason and shall not be obliged to provide you reasons for doing so.
Upon closure of Your Account, the full balance in Your Account will be paid to You unless there is a reason for such funds to be withheld. We reserve the right to withhold any winnings on your account until such time we validate your details and that you are not in breach of clause 3. If You try to open any other account, on top of your first account, we may will block or close the Account. We may also block or close Your first Account.
If We leave Your first Account open Your remaining deposits from any other Accounts, if any, will be transferred to Your first Account. We do not give credit. Any balance on Your Account will not bear interest. We will not be treated as a financial institution. If You are found to be using the Website in any way for which it is not intended in order to gain money, We will adjust Your Account to remove any money gained from such activity and the Account may be permanently closed.
We can refuse, terminate, or limit any bet or wager for any reason. If We do this, all valid bets in place at the time of closure will be honoured. We offer fair, open, and transparent progressive jackpots on specific games for players who use its services for entertainment purposes only. Should We find it necessary, We may also close Your Account with immediate effect. Where Your Account has been terminated, We shall not be liable for any losses up to the point the Account was closed, nor will We consider any refunds on balances remaining on the Account.
In all cases where abuse has been proven beyond a reasonable doubt, We retain the right to confiscate all of the winnings and any balance remaining on the Account. Making Deposits. The payment methods made available to You may change. Some payment methods may not be available in all countries. When choosing a payment method, You agree to the terms of that payment method. You agree to any charges that may apply. You agree that the payment account or card belongs to You and that You have the right to use the payment method.
You must choose one currency as the currency of Your Account. Any payments received in a currency other than the one chosen by you will be converted into the currency of Your Account at the exchange rate We choose. We do not accept cash directly. When the outcome of a Game You take part in is determined, or when we confirm the result of an event, any winnings will be made available to you in Your Account. If we mistakenly credit your account with winnings that do not belong to You for any reason, these will be taken back from your account.
If You have withdrawn these winnings before we become aware of this error, You must immediately inform us and you will be required to repay this amount. You may withdraw any amount up to the cash balance in your account by issuing a valid notice of withdrawal. Notices for withdrawals must be made on the Site only. You agree that funds in your account must only be used for playing the Games found on the Website. We can reject a withdrawal request if We suspect that funds are being withdrawn for any fraudulent or money laundering reasons.
Prior to accepting a withdrawal, We may request that You provide legal identification, for example certified copies of passports, ID cards or other such documentation as We feel is required in the circumstances. We may also carry out phone verification or other such verification as is required to ensure that You are who You say You are.
If You withdraw an amount which cumulatively exceed EUR 2, or the equivalent in Your Account currency We will carry out additional verification procedures. We may also carry out these verification procedures even in the case of lower withdrawals. Where a withdrawal is to be made using a credit card, We may request a certified copy of that credit card front and back. All withdrawals must be done through the same payment method chosen by You when placing a deposit, unless, We decide otherwise or are unable to do so.
A withdrawal request to be finalized may vary due to circumstances, however a withdrawal attempt should be approved or denied within three 3 business days. When a withdrawal is cancelled, the funds are returned to your account and you can make use of those funds accordingly on the account. LG Trading does not assume any responsibility for any funds lost during gameplay following a withdrawal cancellation either by you or by us. On all winnings of 20, EUR or more excluding progressive jackpot wins , we reserve the right to divide the pay-out into ten instalments, paid with 10 per cent of the winning sum every month until the full amount is paid out.
BetGold reserves the right to charge a processing fee on any deposits which were not, or only partly, spent on play, should the player wish to withdraw the funds. If a chargeback on a card or deposit method You have used is requested by the payment method provider, We may take the following steps: We may block Your Account; We may take any such action as we are entitled to by law; A chargeback notice may be issued and sent to You, using Your registration details; We will use the same payment method as chosen by You when placing a deposit in order to issue the chargeback.
Closing Your Account. You can close Your Account at any time by initiating the process yourself in My Account section or contacting our support directly on suporte betgold. If You want to recover funds from closed, blocked or excluded Accounts, You need to contact support. An Inactive Account is an Account having a real money balance that has not been accessed for an uninterrupted period of 12 months.
A Dormant Account is an Account having a real money balance that has not been accessed for an uninterrupted period of 30 Months. If Your Account becomes dormant and We are still unable to reach You, We, if required, in accordance with the applicable law depending on where You are resident , shall transfer Your remaining balance to the relevant regulatory body. Some Bonuses may need manually activating by You in Your Account.
Unless stated otherwise, You can do this after logging into Your Account and depositing the amount required to access the Bonus. Such Bonuses can only be activated when real money is available in Your Account. If You play with any of Your deposited funds prior to claiming the Bonus, lost funds cannot be used to activate the Bonus.
When You claim a Bonus, Your real money, the Bonus and all winnings generated from them will remain as Bonus money and may not be withdrawn or wagered on other products until wagering requirements are met. Failure to meet the wagering requirements may result in the forfeit of all winnings and bonuses. Any attempt to withdraw any funds or cash out any placed bets prior to the complete fulfilment of the Bonus wagering requirement, may result in the Bonus and any winnings attained including winnings that originated from Your real money used to get the Bonus being forfeited.
Only bets that have been placed and settled during the bonus period will be considered towards the wagering requirements. Any evidence or reasonable suspicion that specific bets were placed on any Game or Sport i. Examples of bets without risk include betting on red and black simultaneously in Roulette, and betting player and banker simultaneously in Baccarat. We have the right to refuse any player a Bonus or We may alter the Bonus including cancellation , if We believe that: The Bonus is being abused Our definition of abuse includes but is not limited to a player making use of promotional offers without ever risking their own funds ; Technical issues have occurred in relation to the Bonus; The Bonus is, for any reason, not able to be conducted as planned.
We offer promotions in good faith to players who use Our services for entertainment purposes. In all cases of abuse, We retain the right to withhold all winnings and any balances remaining on Your Account. All Bonuses are intended for recreational players and We therefore reserve the right to restrict eligibility to participate in all or part of any Bonus. If Irregular play is suspected, We reserve the right to disqualify You from any promotions or Bonuses and withhold all deposits, winnings and may close Your Account.
Irregular play is considered bonus abuse and is not permitted on the Site. Irregular play can include but is not limited to : low margin betting, equal betting, zero risk bets or hedge betting. These are considered Irregular Play when done purposely to exploit Bonuses. Unless provided otherwise in the bonus scheme, all bonuses for stakes, winnings, etc.
Should multiples be part of a bonus scheme, the respective bonus shall relate to the final winnings amount and not to every leg's winning. Only one Bonus shall be granted per operation e.