Data: Despite the sharp drop in silver prices, retail investors are still doubling down their bets.

Despite the plunge in silver prices, which nearly wiped out the astonishing gains made at the beginning of the year, retail investors still poured nearly $500 million into the silver market over the past week. According to data analysis from Vanda Research, as silver prices plummeted, retail investors poured $430 million into the largest silver ETF, SLV, in the six trading days ending Thursday, including over $100 million on January 30th, when silver prices fell 27%, marking the largest single-day drop in history. StoneX analyst Ronna O'Connell stated, "People are drawn to the allure of silver." She added that silver's appeal was further amplified by its "massive sell-off," which some investors saw as a buying opportunity at lower prices. (Financial Times) (Jinshi Data APP)