ETFs tracking the evolution of silver prices collapsed yesterday amid the market panic. The dedicated segment on TrackInsight lost 16,85%, doubling its year-to-date drawdown in just one day. The silver prices fell to a nearly 11-year low, mainly due to the lower industrial demand as entire industries are on hold, impacted by the supply chain disruptions resulting from the COVID-19 epidemic. Other precious metals such as palladium or gold have also lost significant ground in the last few days and weeks, in an extremely fearful market environment where only cash is considered as a safe-haven asset. The silver segment counts 22 ETFs for a total of $ 6,1 bn of assets under management.