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iShares Silver Trust ETF (SLV)

- NYSEARCA
  • Apr. 25, 2013, 7:03 AM
    The bounce in precious metals continues, gold (GLD) +1.6% and silver (SLV) +2.1% as buyers of the physical apparently used the rout to load up and - if anything - global central banks are leaning towards even easier monetary policy. A survey shows low bond yields are no longer doing it for central bankers and they're now looking at loading their balance sheets with equities.
    | 18 Comments
  • Apr. 22, 2013, 9:13 AM
    A massive wave of Asian buying of precious metals is emptying dealer shelves across the region. "I haven't seen this (kind of) gold rush for over 20 years," says the head of the HK Gold & Silver Exchange, adding that old-timers haven't seen anything like this for 50 years. GLD +2%, SLV +1.4%.
    | 30 Comments
  • Apr. 22, 2013, 8:27 AM
    Precious metals claw back another chunk of recent panicky losses, gold +2.5% to $1,430/oz., and silver +2.2% to $23.47. GLD +2.4%, SLV +1.9% premarket.
    | 5 Comments
  • Apr. 19, 2013, 4:26 PM
    The week's ETF movers - Gainers: VXX +11.3%. EPI +5.5%. UNG +3.9%. GAZ +3.9%. AMJ +2.1%.
    ETF Losers: GDXJ -14.2%. SLV -11.4%. SIVR -11.3%. GDX -11.3%. PSLV -10.8%.
    | Comment!
  • Apr. 18, 2013, 7:16 AM
    Gold retakes $1,400/oz. after falling as low as $1,337 overnight. Coincident with any big macro move are rumors George Soros is on the right side of it to the tune of hundreds of millions in profits. "Gold was destroyed as a safe haven, proved to be unsafe." GLD +1.5%, SLV +0.9% premarket.
    | 8 Comments
  • Apr. 17, 2013, 9:52 AM
    Open for trading is Credit Suisse's Silver Shares Covered Call ETN (SLVO) with annual fee of 0.65%. The fund is long silver (through the SLV), but forgoes monthly gains in the metal greater than 6%, instead generating income by selling out-of-the-money calls in SLV.
    | 2 Comments
  • Apr. 17, 2013, 7:31 AM
    Gold slides again with yesterday's bounce now near-erased, off 1% at $1,373/oz. Silver tumbles 2.2% to $23.12. GLD is actually a bit higher premarket thanks to gold being above the level it stood at the 4 PM close of stock trading. SLV -1.2% premarket.
    | 9 Comments
  • Apr. 16, 2013, 8:24 AM
    Most of this morning's biggest premarket gappers come from yesterday's downtrodden mining losers: GFI +7.8%, AU +6.6%, GOLD +6.1%, KGC +4.8%, ABX +4.1%, AG +4%, HMY +3.2%, HL +3.1%, AUY +2.8%, EGO +2.6%, SLW +2.5%, RIO +2.3%, NEM +2%, MT +1.9%. ETFs: GDX +2.8%, SLV +2.8%, GLD +2.3%.
    | Comment!
  • Apr. 16, 2013, 7:02 AM
    After continuing to slide sharply early in overnight trade, gold is bouncing, +1.8% to $1,388/oz. (it touched $1,322 at its low point). Silver +0.6% to $23.50 after dropping as low as $22.01. GLD +2.5%, SLV +3.4% premarket.
    | 6 Comments
  • Apr. 15, 2013, 10:48 PM
    Precious metals continue lower in volatile trade this evening, gold (GLD) off another 1.3% to $1,343/oz., and silver (SLV) tacking on another 3.3% in losses to $22.57. WTI crude oil slides 2.4% to $86.60/barrel. Stock index futures, however, show signs of a rebound, the S&P 500 (SPY) +0.3% and Nasdaq 100 (QQQ) +0.5%.
    | 12 Comments
  • Apr. 15, 2013, 5:03 AM
    Mining stocks are taking a bit of a hiding following China's slowing GDP growth and the sell-off in precious metals. Rio Tinto (RIO) -4.5% premarket, BHP Billiton (BHP) -3.6%, Barrick Gold (ABX) -3.6%, AngloGold (AU) -5.2%, IAMGold (IAG) -1.2%, Gold Fields (GFI) -5%, Goldcorp (GG) -3.9%, Kinross (KGC) -5.1%, Seabridge Gold (SA) -2.8%, Newmont Mining (NEM) -3.4%, Freeport-McMoRan Copper & Gold (FCX) -2.85% and Anglo American (AAUKF.PK) -3.9% in London. NovaGold (NG) fell 13% on Friday.
    | 3 Comments
  • Apr. 15, 2013, 5:01 AM
    Gold futures leg down to $1,401, -6.1%. Silver -9.8% to $23.74. ETFs to watch: GLD, IAU, DGP, SGOL, UGL, PHYS, AGOL, DGL, UBG, DZZ, GLL, DGZ, UGLD, DGLD, DBP, GLDI, GDX, GDXJ, NUGT, AGQ, GLDX, PSAU, DUST, GGGG, RING, SLV, PSLV, SIVR, ZSL, DBS, USV, USLV, DSLV, SILJ, SIL, SLVP.
    | 2 Comments
  • Apr. 14, 2013, 11:06 PM
    Precious metals continue to sell off sharply, gold (GLD) -4% to $1,440/oz., the lowest level in about 2 years. Off 6.7% to $24.58, silver's (SLV) back to fall 2010 levels.
    | 49 Comments
  • Apr. 12, 2013, 2:27 PM
    Goldman's short call on gold looks prescient, as comex gold sinks $63.50 to settle at $1,501.40/oz. for its lowest close since July 2011. Traders and analysts see no obvious trigger for the selloff, which seems to reflect the malaise that has gripped the market. Silver slips $1.37 to $26.33/oz. Miners are huge losers: HMY -7.5%, ABX -7.3%, AEM -6.9%, AUY -6.2%, SLW -5.6%, NEM -5.2%, EGO -4.9%, GFI -4.8%, GG -4.5%.
    | 37 Comments
  • Apr. 12, 2013, 10:52 AM
    A slide in commodity prices turns into a rout: GLD -3.2%, SLV -4.2%, USO -3%, Copper (JJC) -2.2%. At $1,506/oz., gold is threatening a $1,400 handle for the first time in nearly 2 years. After an early bounce, stocks move to session lows, the S&P 500 -0.7%. The long bond gains three-quarters of a full point, its yield down to a 2013 low of 2.93%. Update at 11:05: Now off 4.3%, gold slips below $1,500.
    | 45 Comments
  • Apr. 12, 2013, 8:54 AM
    The gold bear market/correction continues with the metal sliding to $1,537/oz., the lowest since last summer. Looking at a longer-term chart, gold has bounced off the low-mid $1,500 level a few times over the last 18 months.  A drop below that would break what the technicians like to call "long-term support." The pattern in silver is similar. GLD -1.6%, SLV -2.2% premarket.
    | 11 Comments
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SLV Description
The objective of the iShares Silver Trust is for the value of the shares of the iShares Silver Trust to reflect, at any given time, the price of silver owned by the iShares Silver Trust at that time, less the iShares Silver Trust's expenses and liabilities.
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