Get early access! Join the Twelve Data AI Assistant waitlist now.
39.24500 USD
0.275
0.71%
Last update Sep 10, 4:15 PM BST
Market closed
Day range
39.14000
39.38000
Previous close
38.97000
Open
39.20000
Access this stock data via API
Subscribe
Invesco Physical Silver ETC
39.25
0.28
0.71%

Overview

Description

The Invesco Physical Silver ETC is an exchange-traded commodity designed to provide investors with a cost-effective and efficient way to gain direct exposure to the price of silver. Its primary function is to track the spot price of silver by holding allocated silver bars as physical backing for the ETC, ensuring that each unit is fully backed by tangible silver metal. This ETC plays a significant role in commodities markets, particularly within the precious metals sector, which includes not just investors looking for portfolio diversification but also those interested in the intrinsic value and industrial applications of silver. Noticeably differentiated by its physical backing, Invesco Physical Silver ETC appeals to investors seeking an alternative to owning and storing physical silver, without the associated logistical challenges. Being a physically-backed instrument, it provides a direct correlate to silver price movements, unaffected by synthetic instruments or derivatives influence. As part of the broader financial ecosystem, it offers a crucial option for those involved in hedging strategies against market volatility and currency fluctuations. Its existence reflects the increasing investor appetite for commodity-based investment vehicles that provide both security and liquidity.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
United Kingdom
MIC code
XLON
Market closed

Exchange is currently closed
Pre-market opens in 8 hours 25 minutes

22:49
00:00
08:00
16:30
23:59

Trading Hours (Monday - Friday):

Pre-market
07:15 - 08:00
Main market
08:00 - 16:30
Post-market
16:30 - 17:15
All times are displayed in the Europe/London timezone (BST, UTC+01:00).