slv stock price — SLV ETF Price Guide
SLV (iShares Silver Trust) — Stock price
slv stock price is a common search for investors who want liquid, ETF-based exposure to physical silver. This article explains what the SLV stock price represents, how it is determined relative to NAV and the silver spot, where to find reliable price and fund data, and trade and tax considerations for different investor goals. Readers will learn practical steps to read SLV quotes, understand premiums and discounts, and compare SLV to alternative silver exposures. As of 2026-01-24, quoted sources and data snapshots are referenced to provide timely context.
Overview
The iShares Silver Trust (ticker: SLV) is an exchange-traded fund designed to reflect the price of silver bullion less fund expenses. The fund is issued by iShares, a BlackRock company, and provides investors with exposure to physical silver without requiring direct custody of bullion. SLV aims to track the spot price of silver (commonly referenced to markets such as the LBMA silver price and spot XAG/USD), adjusted for the fund's operating costs.
SLV is widely used by retail and institutional investors as a transparent, liquid vehicle to gain silver exposure. It has existed for many years and serves roles ranging from tactical trading to longer-term portfolio diversification for those who prefer ETF custody over physical storage.
Ticker, Exchange, and Trading Details
- Ticker: SLV
- Exchange: Listed and traded on U.S. equity exchanges (NYSE Arca / NYSE listings provide intraday quotes in U.S. dollars). The official listing and market hours follow U.S. equity trading schedules.
- Quoted currency: USD (U.S. dollar)
- Trading hours: Regular U.S. equity hours with extended pre-market and after-market sessions available through many brokers; intraday quotes appear throughout these hours.
- Liquidity characteristics: SLV is among the most actively traded precious-metals ETFs. Typical liquidity is high relative to other commodity ETPs, but volume fluctuates with market conditions and investor flows.
- Fractional shares and options: Many retail broker platforms offer fractional share trading and options chains for SLV. Availability of fractional shares and options depends on the platform. For custody, trading, or wallet integrations in crypto/web3 contexts, Bitget and Bitget Wallet are recommended options where supported for ETF-related services and account connectivity.
Note: slv stock price quotes shown on different platforms may be real-time or delayed; check your broker for actual real-time feeds.
Fund Structure and Holdings
SLV is structured as a grantor trust / physically-backed ETF that holds allocated silver bullion. Key structural features:
- Underlying asset: Physical silver bullion stored in secured vaults. The fund reports ounces held and vault locations in its official filings and fund documents.
- Holdings: SLV is a single-asset exposure—its primary holding is silver bullion. The fund’s performance is intended to approximate the spot price of silver less fees.
- Creation/redemption mechanics: Authorized participants create and redeem shares in-kind (or via other mechanisms defined by the trust), which helps supply shares to the market and keeps the market price aligned with NAV under normal conditions.
- Custody: Vault storage and custody arrangements are detailed in the fund prospectus and are part of the fund’s operational disclosures.
This concentrated structure means the slv stock price is driven almost exclusively by the silver market and investor flows in SLV itself.
How SLV stock price is determined
When people search for slv stock price they typically mean the market price displayed on equity quote boards. Understanding how that market price relates to the fund’s NAV and the underlying silver price is essential.
- Market price: The price investors pay or receive when buying or selling SLV shares on an exchange. This intraday market price is set by supply and demand on the exchange and can move independently from NAV in the short term.
- NAV (Net Asset Value): NAV is the per-share value of the fund’s underlying holdings (physical silver ounces attributed to the trust), calculated by dividing the total value of the trust’s allocated silver by outstanding shares. NAV is an accounting measure of the fund’s intrinsic value.
- Benchmark / reference price: SLV tracks the spot price of silver—often reported as the LBMA silver price or XAG/USD spot—subject to timing and settlement conventions.
Divergences between the slv stock price and NAV can arise due to:
- Trading flows: Heavy buying or selling of SLV can push the market price away from NAV until arbitrage mechanisms (creation/redemption) restore balance.
- Liquidity differences: During stressed markets or off-hours, the slv stock price may gap relative to NAV.
- Market sentiment and volatility: Rapid spikes in the silver market or broader risk-off moves can cause transient premiums or discounts.
- Costs and frictions: Bid-ask spreads, brokerage fees, and settlement timing can affect realized trade prices.
NAV calculation and Indicative values
- NAV calculation: NAV is usually computed daily after market close using the fund’s reported holdings and a recognized silver reference price. The trust’s official NAV per share is published in fund documents.
- Intraday indicative NAV (iNAV): Many providers calculate an indicative intraday NAV (iNAV) or indicative value that updates during trading hours. The iNAV helps traders assess whether the slv stock price is tracking its NAV in real time.
- Frequency: NAV is posted at least daily; iNAVs may update multiple times per second depending on the data provider.
Investors who track slv stock price should monitor both market price and iNAV to spot divergences before placing large trades.
Premium / Discount to NAV
- Definition: Premium (market price > NAV) or discount (market price < NAV) measures how far the slv stock price trades relative to its NAV.
- Typical ranges: Under normal conditions, SLV tends to trade within small premiums or discounts because active arbitrage and high liquidity keep the market price close to NAV. However, ranges expand in stressed markets.
- Causes: Rapid flows into or out of SLV, market closures, or interruptions to creation/redemption processes can create extended premiums or discounts.
- Historical examples: There have been episodes where precious-metals ETPs experienced material spreads or premiums/disocunts amid market stress. When examining slv stock price, review historical premium/discount charts to understand past behavior.
Implications:
- Short-term traders may exploit small, temporary premiums/discounts with timing and limit orders.
- Long-term investors should be aware that occasionally buying at a long-lasting premium increases effective cost; similarly, selling at a discount reduces realized value.
Historical Price Performance and Milestones
SLV’s long-term trajectory follows the price of silver. Over multi-year horizons, SLV has captured major rallies and drawdowns in silver prices. When readers search slv stock price history they often want to see how SLV performed during rallies, crises, and commodity cycles.
- Directional trends: SLV has experienced cyclical bull runs when silver prices rose due to inflation concerns, industrial demand, or safe-haven flows, and declines during periods of rising real rates or weak industrial demand.
- Major milestones: Notable periods include sharp rallies tied to macro uncertainty and commodity cycles. Exact milestone price levels change over time and should be checked against primary quote sources for current values.
As of 2026-01-24, per Benzinga market data and summary reporting, iShares Silver Trust (NYSE: SLV) showed a market price of $86.03 and a cited market capitalization near $49.55 billion, representing strong multi-year returns for investors who timed earlier entry points. These figures are time-sensitive—consult live data providers for current slv stock price and market-cap updates.
Recent price action and notable dates
- Example timeline: In recent quarters SLV has reacted to changes in the silver spot price, macroeconomic shifts, and flows into commodity ETFs. Specific spikes or drawdowns correlate to large moves in silver or broad market volatility.
- 52-week range: For a current 52-week high/low or recent multi-month spikes, check live quote services (e.g., Investing.com, CNBC, TradingView, Yahoo Finance) and iShares disclosures. As of 2026-01-24, market commentary and snapshot data cited a price near $86 per share, with notable year-over-year gains documented by multiple providers.
Note: Historical performance figures (annualized returns, multi-year returns) are reported by data vendors and should be verified against primary sources before use in analysis.
Key Fund Metrics
Investors looking up slv stock price often review these metrics alongside price:
- Expense ratio: The fund’s annual operating expense, expressed as a percentage of assets. As published on iShares product documents, the expense ratio is an ongoing cost that reduces total returns. (As of 2026-01-24, consult iShares for the fund’s current expense ratio before trading.)
- Assets under management (AUM) / market capitalization: Dynamic figures that reflect total assets and investor interest. Example: Benzinga reported a market cap near $49.55 billion on 2026-01-24 for SLV; verify on iShares and major data portals for updates.
- Shares outstanding: The number of shares issued by the trust; changes with creations and redemptions.
- Average daily volume: A liquidity indicator that varies with market conditions; SLV tends to have high average daily volume relative to many commodity ETPs.
- Bid-ask spread: The typical quoted spread when placing marketable trades; tight spreads are expected in normal markets, wider spreads can appear in stress periods.
- NAV per share: The official per-share value of the fund’s bullion holdings, reported daily.
All values change and are time-sensitive. For the latest slv stock price and fund metrics check the iShares product page and live quote services such as CNBC, Investing.com, Yahoo Finance, TradingView, and broker platforms.
Taxes and Distributions
Tax treatment for SLV differs from equity ETFs because the underlying asset is precious metal. Key tax points:
- Character of gains: In some jurisdictions, gains from precious-metals ETPs may be taxed differently than ordinary equities—for example, treated similarly to collectibles with different capital gains rates. Tax rules vary by country and taxpayer status.
- Distributions: SLV generally does not make routine dividend distributions like equity funds because it holds bullion; distribution patterns and tax reporting follow the trust’s tax guides.
- Reporting: Investors should consult fund tax documents and local tax advisors to determine how SLV transactions are reported and taxed in their jurisdiction.
As of 2026-01-24, investors are advised to use official iShares tax documents and consult a tax professional for jurisdiction-specific guidance. This article is informational and not tax advice.
Fees and Costs
When monitoring slv stock price, remember there are direct and indirect costs associated with owning SLV:
- Expense ratio: Annual fee charged by the fund; reduces NAV over time.
- Trading costs: Brokerage commissions (if applicable), bid-ask spreads, and market-impact costs when placing large market orders.
- Premium/discount effects: Buying at persistent premiums or selling at discounts is an implicit cost.
Example: If the expense ratio is 0.50% (check iShares for the current published rate as of your trade date), that is an ongoing drag on performance versus physical silver.
Trading and Investment Considerations
Practical guidance when interacting with the slv stock price:
- Order types: Use limit orders to control execution price, especially in volatile conditions where the slv stock price can gap intraday. Market orders risk execution at unfavorable premiums or wide spreads.
- Volatile periods: In times of elevated price swings, consider smaller order sizes, wider limit buffers, and confirm liquidity (volume and spread) before executing large trades.
- SLV vs physical silver or futures: SLV offers convenient custody and tradability on equity platforms. Physical bullion avoids market-structure effects but adds storage and insurance costs. Futures provide leverage and precise exposure but require margin and roll management. Choose the vehicle that matches your time horizon, liquidity needs, and tax considerations.
- Short-term trading vs long-term holding: SLV can be used for both, but the fund’s expense ratio and tax treatment should be factored for long-term holds. Traders often prefer SLV for intraday or short-term exposure because of liquidity and availability of options.
- Options and derivatives: Options markets exist for SLV in many jurisdictions; verify availability on your broker. Options can be used for hedging, income strategies, or directional bets but introduce additional risks.
Reminder: This is informational, not investment advice. Evaluate your objectives and consult qualified advisers.
Risks
Key risks that affect the slv stock price and SLV holders:
- Silver price volatility: SLV moves with silver prices, which can be highly volatile due to macro, industrial demand, and speculative flows.
- Tracking error: Small differences between slv stock price movements and the exact silver spot price can occur due to fees, timing, and fund mechanics.
- Premium/discount risk: Market price may not equal NAV, creating potential execution or value mismatches.
- Liquidity risk: Although SLV is liquid, market stress can widen spreads and reduce liquidity.
- Tax and regulatory risk: Changes in tax treatment or regulation of precious-metals ETPs can affect investor outcomes.
- Operational/custody risk: Risks related to storage, audit, custody, and the trust’s operational protocols.
Investors should factor these risks into any analysis that starts with the slv stock price.
How to find SLV stock price and data sources
Reliable places to check slv stock price and fund facts include:
- iShares product page: Official NAV, fund documents, AUM, expense ratio, and legal disclosures (primary source for fund facts).
- Major financial portals: CNBC, Investing.com, Yahoo Finance, Nasdaq quote pages, TradingView for charts and community analysis, and Robinhood for retail quote snapshots.
- Broker platforms: Your brokerage provides real-time trading quotes and execution. For crypto or Web3 integrations, Bitget and Bitget Wallet are options to consider for account and custody services where supported.
- Market-data vendors: Real-time quote services and charting platforms that provide iNAVs and premium/discount tracking.
Note: Many free sites provide delayed quotes. Use your broker or a paid data feed for guaranteed real-time pricing if timing is critical.
Historical data and charts
Where to access historical slv stock price series and analysis tools:
- TradingView: Interactive charts, indicators, and community scripts for price vs NAV and premium/discount overlays.
- Investing.com and Yahoo Finance: Historical price downloads, technical indicators, and simple charting.
- iShares: Historical holdings and NAV archives provided by the issuer for verification of long-term figures.
Chart types commonly used:
- Price chart vs NAV chart: Compare market price to NAV to visualize premiums/discounts.
- Premium/discount chart: Tracks the percent difference (market price - NAV) / NAV over time.
- Volume and spread overlays: Show liquidity dynamics around major price moves.
These chart utilities help traders and investors understand how the slv stock price behaved through past stress events and rallies.
Comparison with other silver investment options
When evaluating slv stock price, consider pros and cons versus alternatives:
- Other physically-backed silver ETFs/ETPs: Similar structural exposure; differences can include expense ratios, custody arrangements, listing exchange, and liquidity.
- Silver mining stocks: Offer leveraged exposure to silver prices but bring company-specific operational, management, and balance-sheet risks.
- Futures contracts: Offer direct exposure with leverage, precise market hours, and contract-roll considerations; require margin and professional-grade risk management.
- Physical bullion: Provides direct ownership but requires storage and insurance; no counterparty tracking error, but higher custody costs.
Each vehicle suits different investor goals: SLV is convenient and liquid for many investors, while miners or futures may suit tactical or leveraged strategies.
See also
- LBMA silver price
- XAG/USD spot rate
- Gold ETFs and GLD mechanics (for cross-precious-metal context)
- Commodity ETF structure and creation/redemption mechanics
- Physical bullion custody and storage practices
References and further reading
Sources referenced in this guide (for the latest slv stock price and fund facts, consult these primary providers):
- iShares (iShares Silver Trust product page and fund documents) — primary source for NAV, expense ratio, AUM, holdings, and official disclosures.
- CNBC — intraday quotes, market news, and fund statistics.
- Investing.com — real-time price, historical series, and technical data.
- Robinhood — retail quote page and fund description.
- TradingView — charts, technical indicators, and community analysis.
- Motley Fool — fund overview and commentary.
- Yahoo Finance / Nasdaq — price display and finance portal entries.
- Gotrade — broker/trade practical information.
- Benzinga (market data engine) — aggregated quote snapshots and performance summaries.
As of 2026-01-24, per Benzinga and publicly available market snapshots, iShares Silver Trust (SLV) had strong multi-year returns and a quoted market price near $86 per share; verify current slv stock price and linked metrics on iShares and live quote services before making trade decisions.
Important: This article is educational and factual. It does not provide investment advice. For tax or investment decisions, consult a qualified advisor and confirm current slv stock price and fund metrics with primary sources.
Next steps
Want to track slv stock price in real time? Use your broker’s real-time feed or a charting service like TradingView. If you are exploring custody and integrated wallet options alongside trading, consider Bitget and Bitget Wallet for account and custody solutions where supported. Always verify fund facts on the issuer’s site before trading.






















