Shares of iShares Silver Trust (NYSE:SLV) were trading down today, although it has rebounded, along with the price of silver as the session has gone on.
Concerning over the direction of interest rates and economic growth was weighing on the sector earlier in the trading day.
On Wednesday, iShares Silver Trust reported outflows of 1.316 million ounces of silver as the price of silver has plunged by over 30 percent recently.
iSilver was trading at $34.11, down $0.12, or 0.35 percent, as of 2:09 PM EDT. Volume was light for the silver ETF.
No comments:
Post a Comment