by Clint Siegner, Money Metals:

Silver led precious metals markets higher last week.

Safe-haven demand remains strong despite the rally in stock prices. There are lingering concerns among many investors about the economic outlook and the troubles in the banking sector are not likely over.

The U.S. dollar ended lower on the week while yields on the 10-year Treasury moved higher. Meanwhile, the ongoing flight of depositors remains a problem for banks.

The trouble began a few weeks ago when concerns over solvency at some small and regional banks prompted depositors to move funds to larger banks designated too big to fail. The FDIC and the Fed expanded deposit guarantees and added emergency liquidity.