iShares Silver Trust (SLV) surged 5.06% during overnight trading, reflecting a strong rally in the silver market.
The move aligns with a nearly 3% gain in spot silver prices, driven by positive market sentiment. Analysts cite liquidity expectations as a primary catalyst for precious metals, while ongoing geopolitical conflicts provide periodic safe-haven support, boosting demand for assets like silver.
Furthermore, the sustained accumulation of gold reserves by central banks—a trend observed over recent months—highlights a broader shift toward non-credit assets for safety and long-term stability, contributing to a favorable environment for silver and related investments.
Comments