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SIVR

$--
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1d
1w
1m

Analysis and statistics

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About

SIVR.MX represents the iShares Silver Trust, but specifically as it is listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores). This means the ETF tracks the price of silver, just like the iShares Silver Trust (SLV) listed on the NYSE Arca, but it is bought and sold in Mexican pesos (MXN) on the Mexican market. Investors in Mexico may choose SIVR.MX to gain exposure to silver without needing to trade on international exchanges or convert currencies themselves. The performance of SIVR.MX will closely mirror the price of silver, but will also be affected by the MXN/USD exchange rate.
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Factors

Silver Prices: SIVR.MX mirrors physical silver's price, so spot silver fluctuations directly impact its value. Supply and Demand: Increased demand for silver (industrial, investment) pushes prices up; higher supply can lower them. US Dollar Strength: As silver is priced in USD, a stronger dollar often leads to lower silver prices, and vice versa. Inflation & Interest Rates: Higher inflation can boost silver as an inflation hedge. Rising interest rates may reduce silver's appeal. Economic Growth: Stronger economic activity typically increases industrial demand for silver, supporting prices. Geopolitical Events: Political instability or global crises can drive investors to silver as a safe-haven asset.

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