They act as market makers, facilitating massive over-the-counter (OTC) trades for high-net-worth clients and corporations.
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 do banks buy silver
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. They act as market makers