Sprott Silver Miners & Physical Silver ETF (SLVR)

Sprott's newest ETF has a net expense ratio of 89 basis points. Gold and silver take up 75.49% and 8.25% of the allocation, respectively.

While the government and the Federal Reserve continue to give people every reason possible to look for alternatives to the dollar, there is movement on the state level. And people who are pushing for a return to sound money.

Otherwise from central banks, the ECB will publish their Economic Bulletin, and we’ll hear from the ECB’s Cipollone and Nagel.

Silver price discovers temporary support near $31.30 as the US Dollar drops ahead of Fed Powell’s testimony before Congress. Fed Powell guided that interest rates will remain at their current levels in the January policy meeting.

Silver price bounces back to near $30.50 as its outlook remains firm on Donald Trump’s tariff fears. Donald Trump reiterated that he will impose 25% tariffs on North American peers and 100% on BRICS.

Search for the latest press releases from publicly traded companies, private corporations, non-profits and other public sector organizations.

DETROIT, MI - January 31, 2025 (NEWMEDIAWIRE) - With over $33.4 billion in assets under management as of September 2024, Sprott Inc., (NYSE: SII) is a recognized asset manager in North America. The firm is focused on continuing to grow its size and stature with ongoing product development and yearly enhancement of its ETF line-up under its Sprott Asset Management division. Recently, Sprott launched a new ETF offering, the Sprott Silver Miners & Physical Silver ETF (NASDAQ: SLVR), which it says is the only1 ETF focused on providing pure-play2 exposure to silver miners and physical silver. This new solution adds to Sprott’s extensive offering of precious metals and critical materials ETFs, which the company says allow investors to have transparent, liquid access to companies potentially poised to benefit from increasing demand for these metals over time.

Sprott Launches Silver-Focused ETF – What’s Driving Interest In The Precious Metal?

Silver rallied a bit during the trading session on Wednesday to reach the $31 level but has turned around to show signs of exhaustion. At this point in time, the $31 level, I think, remains a massive barrier.

Silver Is Helping Power Global Electrification – Sprott's New ETF Offers Pure-Play Exposure To Miners And Physical Silver

Silver price trades with caution near $30.00 as the US Dollar surges amid a jittery market mood. A sell-off in technology stocks across the globe has improved the US Dollar’s appeal.

There have been two significant developments that are rocking US equities and sending US yields sharply lower. First, Chinese-made AI has taken the world by storm.

Today you will see silver price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAGUSD. What to expect where the price will breakout for the XAGUSD based on the supply and demand zones.

Silver rebounds from $30.36, crosses 50-day SMA but struggles with higher resistance levels. RSI indicates rising buyer interest; however, significant resistance at $32.32 still challenges momentum.

Silver price extends its upside to near $31.00 amid a sell-off in the US Dollar. The Greenback faces pressure as Trump has announced lower tariffs on China than expected.

Silver price ticks lower as the US Dollar recovers sharply, with Trump keeping the tariff hike plan intact. Trump directed federal agencies to scrutinize trade relations with neighbors and China.

Silver price trades sideways above $30.00, with investors focusing on Trump’s inauguration ceremony. US Trump’s policies are expected to be pro-growth and inflationary for the economy.

Axel Merk’s insights offer a compelling perspective on the intersection of fiscal policy, global instability, and investment strategy.

The world was aflame this week with political and economic fires, including California's wildfires, India's currency crisis and the freefall in the Chinese Yuan. How are precious metals faring?

Silver faces rejection near the $31.00 confluence and snaps a three-day winning streak. Any further slide could be seen as a buying opportunity near the $30.40-$30.35 support.

India imported more silver through the first four months of 2024 than it did in the entirety of last year. Indian silver imports totaled 4,172 tons of silver from January through April. That compares with 455 tons during the same period in 2023. 

As expected, last week’s pause in the precious metals rally was short-lived, and all metals have resumed their upward ascent this morning. At the time of writing, gold is up $30/oz, and silver is up nearly $2/oz, or 6%.

Get the latest Commodity Market Elliott Wave Analysis for Bitcoin (BTC), ETH/USD, Gold, Silver, and more. Understand wave counts, trends, and trading strategies for key assets including DXY, TLT Bonds, US 10 Yr. Yields, Crude Oil, and Natural Gas

Gold prices are on an upward trajectory, moving towards 2351.00 USD per troy ounce on Tuesday. This marks a significant rise after days of sideways movement, highlighting the metal's renewed appeal among investors.