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33.80000 EUR
0.31
0.93%
Last update Sep 11, 6:55 PM CEST
Market closed
Day range
33.34000
33.80000
Previous close
33.49000
Open
33.51000
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abrdn Physical Silver Shares ETF
33.80
0.31
0.93%

Overview

Description

Abrdn Physical Silver Shares ETF is an exchange-traded fund designed to track the spot price of silver by holding physical silver bullion. The primary function of this ETF is to provide investors an accessible and cost-effective method to gain direct exposure to silver's price movements without having to directly manage the physical commodity themselves. This ETF plays a significant role for those looking to diversify their portfolio with precious metals, particularly in industries such as electronics, solar energy, and jewelry, where silver is commonly used. The Abrdn Physical Silver Shares ETF holds its silver in secure vaults, ensuring that each share is backed by actual physical silver, enhancing its appeal to investors who place importance on tangible backing. With its focus on one of the more vital industrial and precious metals, this ETF allows participants in the metals market a straightforward vehicle for engagement, reflecting silver's persistent demand for both industrial applications and as a hedge in times of market volatility.

About

Address
Phone
(212) 918-4954
Website
Instrument type
ETF
Country
Germany
MIC code
XBER
Market closed

Exchange is currently closed
Main market opens in 9 hours 17 minutes

22:42
00:00
08:00
20:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 20:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).