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Silver Shines: iShares Silver Trust (SLV) Hits 52-Week High Amid Economic Uncertainty

NEW YORK, NY – The iShares Silver Trust (NYSE:SLV) surged to a 52-week high of $65.52 on Wednesday, buoyed by increasing investor demand for safe-haven assets. The price retreated somewhat by the end of the day.

Concerns about a potential artificial intelligence-driven equity bubble and questions surrounding the future leadership of the Federal Reserve are driving investors away from riskier assets and towards defensive investments like silver. Geopolitical uncertainty is also contributing to the metal’s appeal.

“Silver is benefiting from a flight to safety,” explained one market analyst. “Investors are looking for stability amidst a climate of economic and political anxiety.”

At the same time, expectations for lower interest rates are making bonds less attractive, further fueling the rotation into commodities, with silver outperforming historical trends.

Investing in Silver:

For investors looking to capitalize on silver’s momentum, buying shares of iShares Silver Trust (SLV) can be done through a standard brokerage account. Many platforms now offer the ability to purchase fractional shares, allowing investors to allocate smaller amounts of capital.

As of late Wednesday, SLV was trading around $63.77. Investors interested in betting against SLV can explore options trading or short-selling, though these strategies carry higher risk.

Price Action:

As of writing, iShares Silver Trust (SLV) is trading 1.59% lower at $63.77, according to data from Benzinga Pro.

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