abrdn Physical Silver Shares ETF (NYSEARCA:SIVR – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $76.10, but opened at $83.03. abrdn Physical Silver Shares ETF shares last traded at $83.8290, with a volume of 1,619,751 shares traded.
More abrdn Physical Silver Shares ETF News
Here are the key news stories impacting abrdn Physical Silver Shares ETF this week:
- Positive Sentiment: Analysts and commentators say the sharp selloff in silver has largely prompted a technical bounce and renewed buying interest, supporting a short-term recovery in silver prices. Gold and silver rebound after historic wipeout as analysts say thematic drivers stay intact
- Positive Sentiment: Technical analysts note silver has stabilized near the mid-$80s and that pullback momentum is fading — a constructive sign for silver prices and for SIVR if buyers hold support. Gold (XAUUSD) & Silver Price Forecast: Pullback Fades—Are Bulls Regaining Control?
- Positive Sentiment: Coverage across major outlets describes a rebound after heavy selling, with buyers stepping in at lower levels — this supports short-term upside for silver-backed ETFs like SIVR. Gold, Silver Bounce Back After Sharp Selloff
- Neutral Sentiment: Rising silver costs are pressuring jewelry makers (e.g., Pandora warned of volatility), underscoring how industrial and consumer demand dynamics can cut both ways for silver prices. This is a demand signal but also highlights margin pressure in end‑use sectors. World’s largest jeweler falls after analysts warn it will be hit by volatile silver price
- Negative Sentiment: Earlier this week silver experienced a historic, volatile selloff (largest daily drop in decades) driven by positioning, macro liquidity concerns and event-driven flows — the risk of renewed sharp downside remains if liquidity conditions tighten. After Their Worst Day Since 1980, What’s Next For Gold and Silver?
abrdn Physical Silver Shares ETF Stock Up 7.5%
The firm’s fifty day simple moving average is $72.24 and its 200 day simple moving average is $52.68.
Institutional Investors Weigh In On abrdn Physical Silver Shares ETF
About abrdn Physical Silver Shares ETF
ETFS Silver Trust (the Trust) is formed to own silver transferred to the Trust in exchange for shares issued by the Trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of silver bullion, less the expenses of the Trust’s operations. ETFS Physical Silver Shares (the Shares) are issued by ETFS Silver Trust. The sponsor of the Trust is ETF Securities USA LLC.
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