Overview
Description
WisdomTree Physical Silver is a silver-backed exchange-traded commodity (ETC) designed to provide investors with a return equivalent to movements in the silver spot price. This asset primarily serves as a convenient and efficient way for investors to gain exposure to silver, a precious metal known for its industrial and investment uses. Unlike futures contracts or unallocated silver accounts, WisdomTree Physical Silver ETC is backed by physical silver, stored securely in designated vaults, providing an element of tangible asset ownership. Its role in the financial market is to offer diversification, acting as a hedge against fiat currency fluctuations and inflationary pressures, particularly valuable in uncertain economic times. Silver's usage spans industries like electronics, solar energy, and jewelry, making WisdomTree Physical Silver not only a proxy for precious metal investment but also a reflection of wider economic trends in technology and manufacturing. As an ETC, it offers the liquidity and flexibility typical of exchange-traded products, allowing investors to buy and sell shares on the stock exchange just like any publicly traded equity.
About
Address
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Phone
+44 20 7355 9810
Website
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Instrument type
ETF
Country
United Kingdom
MIC code
XLON