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XAGH

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    33.0749$
  • Previous Close
    33.0997$
  • 52 Week Change
    --
  • Day Range
    -0.02$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

XAGH.TO is the ticker symbol for the Horizons Silver ETF, a fund traded on the Toronto Stock Exchange (TSX). It is designed to provide investors with exposure to the price movements of silver bullion. The fund invests directly in physical silver, aiming to replicate the performance of the silver price, less fees and expenses.

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Factors

Silver Spot Price: XAGH.TO tracks the price of silver; therefore, movements in the spot price of silver directly impact its value. Currency Fluctuations: As XAGH.TO is traded in Canadian dollars, changes in the CAD/USD exchange rate can influence its price, especially since silver is often priced in USD. Supply and Demand for Silver: Global supply and demand dynamics for physical silver, including industrial use, investment demand, and mining output, affect the underlying asset and thus the ETF. Interest Rates: Rising interest rates can make holding non-yielding assets like silver less attractive, potentially decreasing demand and affecting XAGH.TO's price. Inflation Expectations: Silver is often viewed as an inflation hedge; rising inflation expectations can increase demand for silver, driving up the ETF's price. Market Sentiment: Overall market sentiment, including risk appetite and investor confidence, can influence investment flows into or out of silver ETFs like XAGH.TO. ETF Management Fees: The ETF's expense ratio reduces returns over time, subtly impacting the overall price performance compared to the spot price of silver. Geopolitical Events: Global political and economic instability can increase safe-haven demand for silver, positively influencing XAGH.TO's price.

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