Monday, December 29, 2008

iShares Silver Trust Bullion Increases by 30.69 Tons on December 26

iShares Silver Trust (SLV) increased its physical bullion holdings by 30.69 tons on December 26, the highest level since the latter part of October.

The iShares Silver Trust fund is the largest ETF backed by silver in the world. They now have a total of 6,792.99 tons of bullion on hand, against the 6,762.3 tons they had on December 24.

Since the early part of December, silver tonnage held by the trust is up 1.5 percent or 106.24 tons.

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