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Silver ETF (SIVR) Hits a New 52-Week High

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For investors seeking momentum, abrdn Physical Silver Shares ETF (SIVR - Free Report) is probably on the radar. The fund just hit a 52-week high and is up 172.12% from its 52-week low price of $26.19/share.

But are there more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed:

SIVR in Focus

This ETF is designed to track the spot price of silver bullion. The product charges 30 bps in annual fees (See: All Precious Metals ETFs).

Why the Move?

Silver prices have been climbing to fresh highs, supported by supply constraints and strengthening industrial demand. Often considered an industrial metal, silver plays a critical role in modern technology and clean energy solutions.

Additionally, expectations of interest rate cuts in 2026 bode well for the precious metal. The greenback's value tends to move inversely with interest rate adjustments by the Fed. A weakening greenback is also a favorable factor for silver. Any pullback in the greenback can spur global demand, pushing its price upward as it becomes more affordable for buyers holding other currencies.

More Gains Ahead?

Currently, SIVR has a Zacks ETF Rank #3 (Hold) with a High risk outlook. However, it might continue its strong performance in the near term, with a positive weighted alpha of 210.74 (as per Barchart.com), which gives cues of a further rally.


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