Core Viewpoint - iShares Silver Trust (SLV) has reached a 52-week high and is up 48.97% from its 52-week low price of $25.27/share, indicating strong momentum in the silver market [1] Group 1: SLV Overview - SLV is designed to track the spot price of silver bullion and charges 50 basis points in annual fees [1] Group 2: Market Drivers - Recent volatility and inflation concerns have made silver a focal point, driven by tariff-related uncertainty, weak consumer sentiment, and ongoing geopolitical issues [2] - Expectations of interest rate cuts starting in September are favorable for silver, as a weakening U.S. dollar typically benefits the metal [3] Group 3: Performance Outlook - SLV currently holds a Zacks ETF Rank 3 (Hold) with a high-risk outlook, but it may continue to perform strongly in the near term, supported by a positive weighted alpha of 49.79 [4]
Silver ETF (SLV) Hits New 52-Week High
ZACKSยท2025-09-04 17:56