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SLV

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1d
1w
1m

Analysis and statistics

  • Open
    34.5321$
  • Previous Close
    34.4727$
  • 52 Week Change
    --
  • Day Range
    0.06$
  • 52 Week High/Low
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  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

SLV.US refers to the iShares Silver Trust ETF, which is an exchange-traded fund designed to track the price of silver. It aims to reflect the performance of the price of silver bullion, less the expenses of the Trust's operations. Investors use SLV as a way to gain exposure to the silver market without directly purchasing and storing physical silver. The ETF holds physical silver bullion in secure vaults, and its share price typically fluctuates in line with movements in the spot price of silver.
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Factors

Silver Price: SLV directly tracks silver's price, so changes in spot silver heavily influence SLV's value.

Supply and Demand: Higher demand for SLV shares pushes the price up, while increased supply (new share creation) can dilute it.

Economic Indicators: Inflation, interest rates, and economic growth data impact silver and therefore SLV.

Currency Fluctuations: The USD/other currencies exchange rate affects silver's price and thus SLV's USD-denominated value.

Geopolitical Events: Political instability and global crises can increase silver's safe-haven appeal, boosting SLV.

Industrial Demand: Silver's use in electronics, solar panels, and other industries influences its price, impacting SLV.

Investor Sentiment: Market mood and speculation regarding silver's future prospects affect SLV's trading volume and price.

Holdings and NAV: Discrepancies between SLV's market price and its net asset value (NAV) can indicate over/undervaluation.

Management Fees: SLV's expense ratio slightly reduces returns compared to directly holding silver.

Alternative Investments: The attractiveness of other investments like stocks or bonds affects capital flow to silver and SLV.

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