Tuesday, March 8, 2011

iShares Silver Trust (SLV) Holdings Jump 103 Metric Tons

On the company website, iShares Silver Trust (NYSEArca:SLV) said it has increased its silver holdings by 103.25 metric tons to 10,898.14 metric tons as of March 7.

iShares is near its 52-week high of $35.78, reaching that on Monday, although pulling back to close at $35.23.

Silver futures on Monday for April delivery dropped a penny to $35.86 an ounce on the Comex division of the New York Mercantile Exchange.

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