Introducing Twelve Converter! Real-time currency rates at your fingertips. Available on Android, iOS soon!

3SIL

LSE
73.22500 USD
1.84
2.58%
Last update Jun 6, 4:28 PM BST
Market closed
Day range
72.089996
75.12000
Previous close
71.38500
Open
74.24000
Access this ETF data via API
Subscribe
WisdomTree Silver 3x Daily Leveraged
73.23
1.84
2.58%

Overview

Description

WisdomTree Silver 3x Daily Leveraged is an exchange-traded product designed to provide investors with a triple-leveraged return on the daily movement of silver prices. Its primary function is to offer magnified exposure to silver, allowing investors to gain significant returns from short-term price movements in the silver market. This financial product is particularly suited for traders who wish to exploit daily price fluctuations rather than long-term trends. Notable features of the WisdomTree Silver 3x Daily Leveraged include its leveraging mechanism, which amplifies gains and losses by a factor of three. This makes it a high-risk, high-reward asset within the precious metals sector. Silver, as a commodity, impacts various industries, including electronics, jewelry, and solar energy, hence fluctuations in these industries can influence silver prices significantly. This leveraged product plays a critical role in providing specialized investment tools for those managing portfolios responsive to commodity price volatility. Due to its leveraged nature, it is key in speculative strategies and for offsetting market risks as part of larger, well-balanced portfolios. It is an essential instrument for sophisticated investors who seek aggressive exposure to silver price dynamics in the financial markets.

About

Address
Phone
Website
Instrument type
ETF
Country
United Kingdom
MIC code
XLON
Market closed

Exchange is currently closed
Pre-market opens in 2 days 13 hours 20 minutes

17:54
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).