Peter Spina reveals Saudi Central Bank silver derivative purchase

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Olesia Kramarenko

23.08.2025

Peter Spina reveals Saudi Central Bank silver derivative purchase — @goldseek: Saudi Bank buys silver

The Saudi Central Bank has reportedly made a strategic move by purchasing silver derivatives, according to Peter Spina. This acquisition is notable, as the bank holds over half a trillion dollars in assets, and the silver derivative positions account for 1.25% of its portfolio.

The decision to invest in nearly 1 million units of SLV highlights their interest in diversifying holdings. However, Spina cautions buyers about the nature of these financial instruments. He points out that derivatives can carry significant risks and that investors should be aware of potential volatility associated with such products.

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