iShares Silver Trust celebrates 10th anniversary
- Published: Apr 27, 2016, 10 AM

2016 marks the 10th anniversary of iShares Silver Trust.
With more than 330 million ounces of silver valued at over $5.5 billion in U.S. dollars held, the trust is now recognized as the world's largest investment product backed by silver, according to The Silver Institute.
According to The Silver Insitute, the trust provides exposure to the day-to-day movement of the price of silver bullion and uses the London Bullion Market Association silver pPrice as its benchmark.
Connect with Coin World:
"Today, iShares Silver Trust accounts for 94 percent of silver holdings in ETPs [exchange traded products] held by U.S. investors and 52 percent of holdings in ETPs held globally," according to The Silver Insitute.
For more information, visit The Silver Institute's latest article on iShares Silver Trust here.
MORE RELATED ARTICLES
Community Comments
Headlines
-
US Coins Jun 7, 2023, 2 PM
‘Ship of Gold’ exhibit set to dock at Long Beach Expo
-
World Coins Jun 7, 2023, 1 PM
Pobjoy Mint issues penguin bullion with king’s image
-
Paper Money Jun 7, 2023, 1 PM
Abkhazia releases 15,000 new notes for anniversary
-
US Coins Jun 6, 2023, 4 PM
Florida law stops waiting period for bullion sales