Silver is trading higher as precious metals and safe-haven assets gain.
Portfolio Pulse from Benzinga Newsdesk
Silver prices are on the rise, reflecting an increased interest in precious metals and safe-haven assets among investors.
April 12, 2024 | 2:24 pm
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POSITIVE IMPACT
The iShares Silver Trust (SLV) is likely to experience an uptick in its price as silver prices increase.
SLV, being a direct investment in physical silver, typically mirrors the price movements of silver. The rise in silver prices, driven by higher demand for safe-haven assets, suggests a positive short-term impact on SLV's price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100