They act as market makers, facilitating massive over-the-counter (OTC) trades for high-net-worth clients and corporations.
Central banks are the most prominent institutional buyers of precious metals. While they overwhelmingly favor gold as an official reserve asset, some do hold silver to: do banks buy silver
The short answer is , but they rarely do so as a retail service for the general public. Instead, their activity is largely institutional, driven by central banks or large commercial bullion desks. 1. Central Banks: Reserve Diversification They act as market makers
Banks often act as custodians for physical silver that backs Silver ETFs (Exchange-Traded Funds). For example, silver in the iShares Silver Trust (SLV) is physically held in secure bank vaults. their activity is largely institutional