|Bid||24.87 x 800|
|Ask||25.80 x 3200|
|Day's Range||24.87 - 25.19|
|52 Week Range||16.88 - 29.06|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||0.28%|
|Beta (5Y Monthly)||1.20|
|Expense Ratio (net)||0.30%|
Silver exchange-traded funds (ETFs) closely track the price of silver and are generally more liquid than owning the precious metal itself. Like other precious metals, silver tends to be favored by investors seeking a hedge against inflation or a safe haven in times of market turmoil.
Precious metals such as gold, silver, and platinum are valued by many investors as a hedge against inflation or a safe haven in times of economic turmoil. They also are valued for their rarity and their use in a broad range of industrial applications.
Yahoo Finance’s Alexis Christoforous and Dave Nadig, CIO and Director of Research for ETF Trends, discuss record inflows into ETFs.