Sprott Physical Silver Trust ( (PSLV) ) has provided an update.
Sprott Physical Silver Trust has announced that its net asset value has exceeded US$6 billion, marking a significant milestone for the trust. The trust, which is the second largest exchange-listed physical silver fund globally, holds 182.1 million ounces of silver and offers investors a liquid and secure way to invest in physical silver. This achievement underscores the growing importance of physical silver ownership, with the trust having purchased over 120 million ounces since 2020. The announcement highlights the trust’s strong market positioning and potential implications for investors seeking alternatives to traditional bullion banks.
More about Sprott Physical Silver Trust
Sprott is a global asset manager specializing in investments in precious metals and critical materials. The company offers a range of investment strategies, including Exchange Listed Products, Managed Equities, and Private Strategies. Sprott operates from offices in Toronto, New York, Connecticut, and California, and its shares are traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol ‘SII’.
YTD Price Performance: 16.02%
Average Trading Volume: 23,695,638
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