Silver ETF Volumes Jump 35% as Gold Rebounds 1.2% to $1,915
SLV daily volume jumped 35% to 48 million shares after dipping below 30 million during last week’s sell-off. Spot gold rose 1.2% to $1,915 per ounce, halting a four-session decline and prompting renewed inflows into the silver ETF.
1. Trading Volumes Normalize
SLV saw its average daily volume climb 35% to 48 million shares on Tuesday, reversing last week’s dip below 30 million during a sharp sell-off. The rebound marks a return to its 30-day volume average, suggesting investors have regained confidence in the silver ETF.
2. Gold Price Recovery Drives Demand
Spot gold prices rose 1.2% to $1,915 per ounce after a four-session slide, encouraging renewed inflows into SLV. The uptick followed increased buying interest from Asian and European markets, stabilizing silver trading conditions and supporting ETF demand.