Latest news with #iSharesSilverTrust
Yahoo
05-08-2025
- Business
- Yahoo
SLV, Precious Metals ETFs Surge on Weaker Dollar, Jobs
Precious metals ETFs, led by the iShares Silver Trust (SLV), continued their rise Monday, as Friday's weaker-than-expected U.S. jobs report pressured the dollar and revived speculation that the Federal Reserve may cut interest rates as soon as September. The U.S. dollar index slipped after the data, giving a boost to commodity prices across the board, particularly precious metals. Invest in Gold Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase American Hartford Gold: #1 Precious Metals Dealer in the Nation Thor Metals Group: Best Overall Gold IRA While silver surged, gold has remained relatively rangebound, with the SPDR Gold Shares (GLD) ETF struggling to sustain momentum. For more than three months, gold has swung back and forth as investors weigh tariff-related uncertainty, shifting inflation expectations and mixed economic data. GLD, which closely tracks the spot price of gold, reflects that choppiness. What's the correlation between precious metals and the U.S. dollar, why has silver has emerged as a standout performer and what does the future hold for silver and gold prices, along with the ETFs that track them? SLV vs. GLD: Why Silver Outshines Gold in 2025 Silver's recent outperformance compared to gold is being driven by a combination of factors that highlight its dual nature as both a monetary metal and an industrial commodity. While gold has been a strong performer, silver's unique market dynamics have given it an edge in recent months. Here are some key reasons for silver's stronger performance. Surging Industrial Demand A significant portion of silver's demand comes from industrial applications, unlike gold, which is primarily a monetary asset. There's been a surge in demand from high-growth sectors, particularly solar energy, where silver is a critical component in photovoltaic cells. Other applications in electric vehicles, 5G technology and electronics are also contributing to a persistent supply-demand imbalance. This industrial demand acts as a powerful tailwind for silver prices, especially when the global economy shows signs of resilience or recovery. The Gold-Silver Ratio The gold-silver ratio measures how many ounces of silver it takes to buy one ounce of gold. Historically, this ratio has fluctuated, but its long-term average is well below where it has been in recent years. Silver analysts often point out that the ratio is still elevated, suggesting that silver remains undervalued relative to gold. As this ratio narrows (meaning silver's price rises faster than gold's), it attracts investors who see it as a "catch-up trade." Monetary Policy Expectations Both gold and silver are considered safe-haven assets, but silver's price tends to be more volatile, acting as a "high-beta" version of gold. This means it can outperform gold during periods of bullish sentiment in the precious metals market. With markets pricing in potential future interest rate cuts by the Federal Reserve, the opportunity cost of holding non-yielding assets like silver and gold decreases, which traditionally benefits their prices. Silver, with its higher volatility, tends to accelerate faster than gold in these environments. Technical Breakouts From a technical analysis standpoint, silver has recently broken through key resistance levels that had capped its price for years. This technical breakout, combined with strong investor momentum, has signaled to traders that a new, more dynamic phase of the precious metals bull market may be underway, where silver typically shines. Precious Metals ETFs: Diversification Tools, Not Core Holdings SLV and GLD continue to play important roles as hedging instruments and tactical diversifiers in a portfolio, particularly in times of macro stress or currency volatility. But they're not core long-term holdings for most investors given their lack of income and high sensitivity to sentiment. What Could Go Wrong? Fed delays rate cuts, pushing real yields higher, which would be bad for precious metals Dollar rebounds on stronger economic data or geopolitical stability Energy transition investments slow down, curbing industrial silver demand In short, while silver has recently taken the lead in the precious metals space, it's a fast-moving and often volatile asset. For investors using the SLV or GLD ETFs, short- to medium-term opportunities exist, but timing and discipline are key. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investing in ETFs involves risks, and investors should carefully consider their investment objectives and risk tolerance before making any investment decisions. At the time of publication, Kent Thune did not hold a position in any of the aforementioned | © Copyright 2025 All rights reserved
Yahoo
14-07-2025
- Business
- Yahoo
Here's Why Silver ETFs Are Soaring to New Highs
Silver surged to its highest level since 2011, driven by investor demand as an alternative to gold and concerns that potential U.S. tariffs could disrupt global metal supplies. Silver is rising as both a store of value and a key industrial metal powering the clean energy transition. The grey metal climbed as much as 1.6% during Asian trading on Monday, following last week's 4% rally. The metal is now up 35% year to date, outpacing gold's 28% gain. iShares Silver Trust SLV and abrdn Physical Silver Shares ETF SIVR — linked directly to the bullion prices — spiked. Silver miner ETFs — Global X Silver Miners ETF SIL, ETFMG Prime Junior Silver ETF SILJ and iShares MSCI Global Silver and Metals Miners ETF SLVP — also hit multi-year highs. Silver miners act as leveraged plays on underlying metal prices and thus tend to experience more gains than their bullion cousins in a rising metal market (read: Silver ETF (SLV) Hits New 52-Week High). Silver demand is currently benefiting from the renewed threat of trade wars. President Donald Trump announced sweeping tariff measures, including a 35% levy on Canadian imports and proposed blanket tariffs of 15%–20% on most major trading partners. He confirmed 50% duties on Brazilian goods and copper shipments. The move has sparked a surge in physical buying, accelerating the is often used to preserve wealth during times of financial and political uncertainty and usually does well when other asset classes struggle. Geopolitical tensions and ongoing uncertainty over the Trump administration's trade policies enhance the metal's attractiveness among investors (read: What's Driving Precious Metal ETFs Rally in 2025?). A major tailwind for silver is the sustained supply deficit in recent years. The silver market is heading for the fifth year of deficit, driven largely by surging industrial demand, particularly from the green energy and electronics sectors. Silver is benefiting from its dual role as both an investment asset and an industrial metal. The white metal is used in a wide range of industrial applications. About half of the metal's total demand comes from industrial applications, while 30% comes from jewelry/silverware/coins and medal manufacturers. Additionally, the global push for green energy, increasing demand in areas like 5G, a rebound in global computer shipments, the photovoltaics (PV) and automotive industries and new sources of demand for sensors used in IoT and OLED lighting will continue to boost silver demand. Silver is largely used for manufacturing solar panels and electric vehicles, and will play a key role in the shift to 5G wireless network technology. Adding to the bullish momentum, the spread between London spot prices and September futures in New York remains unusually wide. This echoes the start of the year, when tariff concerns sparked a rush of gold and silver shipments from London to the United States, lifting prices across both markets (read: ETFs Riding High on Multi-Year Record Silver Prices). Another crucial factor behind silver's rally is the weakness in the U.S. dollar. As the greenback loses value, dollar-denominated assets like silver have become more attractive to foreign buyers. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report iShares Silver Trust (SLV): ETF Research Reports abrdn Physical Silver Shares ETF (SIVR): ETF Research Reports Global X Silver Miners ETF (SIL): ETF Research Reports Amplify Junior Silver Miners ETF (SILJ): ETF Research Reports iShares MSCI Global Silver and Metals Miners ETF (SLVP): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Mint
09-07-2025
- Business
- Mint
Investors are searching for the next gold. Don't get burned.
Gold's strength is drawing new investors into buying other precious metals, but be warned: Not all that glitters is as grand. The uncertain macroeconomic environment and rising government debt the past few years have made gold attractive. With a 24% annualized three-year price return, gold's radiant performance beats the S&P 500's annualized total return of 18.6%. Judging by inflows tracked by Morningstar into silver, platinum, and palladium exchange-traded funds, investors appear to be hunting for the next metal to hit it big. 'To a lot of people, [gold's strength] is a signal that hard assets are in vogue, and therefore, in a rising gold environment, other precious metals should rise," says Will Rhind, CEO of GraniteShares, which offers two precious metals ETFs. Buyers have been rewarded this year, as seen by the gains in the biggest precious metal ETFs. The $101 billion SPDR Gold Shares is up 26.9%, the $17 billion iShares Silver Trust is up 27%, the $1.7 billion Abrdn Physical Platinum Shares ETF is up 50.7%, and the $512 million Abrdn Physical Palladium Shares ETF is up 21.5%. But investors shouldn't think that silver, platinum, and palladium are just a whiter shade of gold. Each metal is guided by its own supply and demand factors. 'Gold is very, very different than silver," says Robert Minter, director of investment strategy for ETFs at Aberdeen Investments. 'We often hear silver is gold junior, and it just makes my hair fall out." While gold functions as an alternative currency and a safe-haven investment, the other metals tend to follow the business cycle. Although silver has some currency-like aspects, 60% of the supply goes to industrial applications, such as photovoltaics. It's seeing growing demand from artificial-intelligence semiconductor chips, and that has contributed to demand outstripping supply over the past four years. Platinum, along with palladium, is chiefly used in automotive catalytic converters and in other industrial applications. Prices for the metals were range-bound for the past few years even though they had been in supply deficits, until tariff fears ignited after April's Liberation Day announcement. Platinum prices rallied sharply after China and other countries began stockpiling it, along with other critical industrial metals. Independent commodities analyst Sterling Smith recommends that new investors buy on dips, as all of the metals' gains come from price appreciation. Start with a core holding of about 50% gold, as it's the biggest and most liquid market. You could add silver—and platinum or palladium, to a smaller extent—if you have a bullish economic view. He suggests 15% in silver, 5% each in platinum and palladium, and the rest in gold-mining ETFs, such as the $15.8 billion VanEck Gold Miners. He cautions investors to limit their total allocation to 10% or less of their portfolio, as these are volatile commodities, whether they buy physically backed metals ETFs or mining funds. When selling physically backed ETFs, investors pay a higher tax rate, since the Internal Revenue Service considers these collectibles. Precious metals investor Adrian Day suggests a mix of physical metal and mining stocks for long-term investors with a moderate risk tolerance, with 30% in physical metals and 70% in miners. Gold should be at least half of the physical metal allocation. He includes a lesser amount of physical silver, since it is more volatile than gold and tends to have shorter but much stronger rallies. The smallest allocation would be to platinum and palladium. Day is wary of adding platinum at these levels because of its recent rally, unless you have a 10-year-plus horizon. Platinum and palladium 'are much more volatile than gold or silver and can be flat for a much longer period of time," he warns. Email: editors@
Yahoo
24-06-2025
- Business
- Yahoo
$5.1B Flows to IVV; Gold and International ETFs Grow Assets
The iShares Core S&P 500 ETF (IVV), the third-largest ETF by assets under management, added a $5.1 billion to its already enormous asset base on Monday, according to FactSet data. Contrasting that inflow was a $4.6 billion outflow from the largest ETF, the Vanguard S&P 500 ETF (VOO). International funds grabbed investor attention, as the Vanguard FTSE Developed Markets ETF (VEA), the Vanguard Total International Stock ETF (VXUS) and the Vanguard FTSE All-World ex-US Index Fund (VEU) all placed on the top 10 creations list with large inflows yesterday. Precious metals ETFs also saw action, with $775.9 million flowing into the SPDR Gold Shares (GLD) ETF and 233.2 million of flows heading into the iShares Silver Trust (SLV). On the outflows side, the VanEck Morningstar Wide Moat ETF (MOAT) saw $1.3 billion in redemptions, the Vanguard Mid-Cap ETF (VO) lost $1.1 billion in assets and the VanEck Semiconductor ETF (SMH) waved goodbye to $884.9 million on the day. Overall, U.S. equity ETF assets fell by $8.1 billion and U.S. fixed-income ETFs added $743.4 million, while international equity ETFs gained $1.2 billion and international fixed-income ETF assets ticked up by $129.8 million. Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change IVV iShares Core S&P 500 ETF 5,106.44 578,819.41 0.88% VEA Vanguard FTSE Developed Markets ETF 1,401.99 157,954.62 0.89% GLD SPDR Gold Shares 775.88 103,657.23 0.75% VXUS Vanguard Total International Stock ETF 485.74 91,957.11 0.53% VWO Vanguard FTSE Emerging Markets ETF 484.40 87,409.62 0.55% VGK Vanguard FTSE Europe ETF 314.16 25,126.95 1.25% VEU Vanguard FTSE All-World ex-US Index Fund 291.56 44,255.64 0.66% IWB iShares Russell 1000 ETF 261.40 40,125.24 0.65% USO United States Oil Fund LP 257.32 1,371.56 18.76% SLV iShares Silver Trust 233.16 17,364.15 1.34% Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change VOO Vanguard S&P 500 ETF -4,597.35 675,895.81 -0.68% MOAT VanEck Morningstar Wide Moat ETF -1,319.51 12,369.88 -10.67% VO Vanguard Mid-Cap ETF -1,083.75 83,454.34 -1.30% SMH VanEck Semiconductor ETF -884.88 24,175.92 -3.66% DGRO iShares Core Dividend Growth ETF -678.86 31,121.81 -2.18% VTI Vanguard Total Stock Market ETF -672.29 481,783.94 -0.14% IWM iShares Russell 2000 ETF -638.20 61,821.29 -1.03% VUG Vanguard Growth ETF -573.01 168,183.13 -0.34% GCOW Pacer Global Cash Cows Dividend ETF -471.26 2,297.85 -20.51% VYM Vanguard High Dividend Yield Index ETF -405.22 59,319.16 -0.68% Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives 7.47 10,030.09 0.07% Asset Allocation 28.77 24,185.44 0.12% Commodities ETFs 1,294.22 223,460.47 0.58% Currency 51.82 142,850.38 0.04% International Equity 1,188.32 1,809,674.33 0.07% International Fixed Income 129.80 299,165.67 0.04% Inverse 29.10 14,748.59 0.20% Leveraged -121.39 125,213.65 -0.10% US Equity -8,065.77 6,879,541.48 -0.12% US Fixed Income 743.42 1,678,133.68 0.04% Total: -4,714.24 11,207,003.77 -0.04% Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the | © Copyright 2025 All rights reserved Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Mint
10-06-2025
- Business
- Mint
Silver and platinum surpass gold's 2025 returns
Silver and platinum are seeing a run-up in prices while gold prices idle. This year's returns on silver, at 26.8%, have inched slightly above gold, according to the prices of two popular exchange-traded funds, the iShares Silver Trust and SPDR Gold Shares, as of Monday's trading. It is the first time the iShares silver ETF has outperformed gold's year-to-date gains in 48 trading days. As recently as May, the gold fund's 2025 returns were nearly double that of silver. Much of the catch-up has taken place in June as the silver ETF gained 11% while the gold fund gained 1%. Platinum's story is more boisterous. The aberdeen Physical Platinum Shares ETF has gained 15% month-t0-date and its 2025 returns surpassed gold on Friday for the first time since early February. Reasons behind silver and platinum gains aren't clear. Traders may be searching for other stores of value as concerns remain over global trade and tariffs. Physical commodities such as precious metals are considered safe investments in times of distress. Since gold prices were already high—setting record level 24 times this year—it may have opened the door for these metals to climb. Platinum also has another factor working for it—China, the largest platinum market globally. In the first quarter, platinum jewelry demand grew by 50% year-over-year in China, according to Platinum Guild International data cited by World Platinum Investment Council. The growth is double what was previously reported and has been attributed to gold becoming too expensive for buyers. With high gold prices, Chinese 'wholesalers are beginning to look more favourably on platinum. A number are reportedly increasing stock in showrooms throughout the country," according to a report from precious metal refiner Heraeus on May 26. Supply is another contributor to high platinum prices as mined output of platinum group metals from South Africa decreased by 12% in the first quarter compared with a year ago, according to BofA's global commodity research team. Still, the bank prefers silver over platinum as an investment. The silver market is benefiting from new applications in solar panels and safe haven demand, the bank writes in the note, while platinum jewelry demand faces risk from declines in China's population growth and marriage rates. 22V Research's team also said to buy silver in a June 5 note. They believe the metal will significantly outperform gold from here, and also like that silver plays an essential role in the semiconductor industry. There is a cautionary tale here for gold bears. Writing off gold for dead at this time could be dangerous, especially as it remains roughly 2% from marking another record while uncertainty about the U.S. economy and trade policies remains high. But it's fair to say a look at other metals for your portfolio is worthwhile. Write to Karishma Vanjani at
