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3SIL

LSE
80.98000 USD
5.05
5.87%
Last update Jul 15, 4:28 PM BST
Main market
Day range
80.98000
86.40000
Previous close
86.029999
Open
85.75
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WisdomTree Silver 3x Daily Leveraged
80.98
5.05
5.87%

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
Main market

Exchange is currently active.
Closing in 6 hours 51 minutes

09:38
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).