The iShares Silver Trust (SLV) jumped over 4% on Wednesday. Spot silver prices breached $75 per ounce.
A weakening U.S. dollar and Middle East geopolitical uncertainty increased demand for safe-haven assets. These factors extended a historic rally for precious metals throughout 2026.
China reported record silver imports in 2026. This volume is tightening the physical silver market. Analysts suggest strong Chinese demand could sustain the bull run for silver ETFs like SLV.