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32.90000 EUR
0.295
0.90%
Last update Sep 15, 9:57 PM CEST
Market closed
Day range
32.54500
32.90000
Previous close
32.60500
Open
32.54500
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iShares Silver Trust
32.90
0.30
0.90%

Overview

Description

The iShares Silver Trust is an exchange-traded fund (ETF) that seeks to reflect the performance of the price of silver in the international market. This fund is designed to provide investors with a straightforward way to access the silver bullion market. It achieves this by holding physical silver bars and issuing shares that represent a fractional, undivided interest in those holdings. Utilized by investors looking to diversify their portfolios, the iShares Silver Trust offers exposure to silver without the challenges of buying, storing, or insuring physical silver. The fund plays a significant role in sectors sensitive to silver prices, such as electronics, solar energy, and jewelry, by potentially influencing resource allocation and pricing. The iShares Silver Trust is significant in the financial markets as it allows both institutional and individual investors a means to hedge against inflation or currency devaluation while offering a tangible asset alternative amid fluctuating economic conditions. As such, this trust aids in the dynamic interaction between industrial supply and investment demand, providing a pivotal connection between financial markets and the physical dynamics of the silver trade.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
Germany
MIC code
XSTU
Market closed

Exchange is currently closed
Main market opens in 7 hours 38 minutes

00:21
00:00
08:00
22:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 22:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).