Silver ETF (SIVR) Hits a New 52-Week High

Core Viewpoint - The abrdn Physical Silver Shares ETF (SIVR) has reached a 52-week high and has increased by 172.12% from its 52-week low price of $26.19 per share, indicating strong momentum in the silver market [1]. Group 1: ETF Performance - SIVR is designed to track the spot price of silver bullion and charges 30 basis points in annual fees [1]. - The ETF currently holds a Zacks ETF Rank 3 (Hold) with a high-risk outlook, suggesting potential for continued strong performance in the near term [4]. Group 2: Market Drivers - Silver prices are rising due to supply constraints and increasing industrial demand, as silver is essential in modern technology and clean energy solutions [2]. - Expectations of interest rate cuts in 2026 are favorable for silver, as a weakening U.S. dollar can enhance global demand, making silver more affordable for international buyers [3]. Group 3: Future Outlook - SIVR has a positive weighted alpha of 210.74, indicating potential for further price rallies in the near term [4].