The largest exchange traded fund for silver rose 2% in early trading Tuesday while the dollar weakened a bit following its recent bounce.
The $11.3 billion iShares Silver Trust (NYSEArca: SLV) climbed 2.3% in premarket trade. Other ETFs for silver include ETFS Physical Silver (NYSEArca: SIVR) and PowerShares DB Silver (NYSEArca: DBS).
Elsewhere in metals ETFs, SPDR Gold Shares (NYSEArca: GLD) added 0.4%.
Gold and silver ETFs have firmed after their recent correction and outflows. [Metals ETFs Steady]
iShares Silver Trust
Full disclosure: Tom Lydon’s clients own GLD and SLV.
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