On June 15, iShares Silver Trust (SLV) rose 5.03% in pre-market trading, trading at $64.37/share, with turnover of approximately $33.92 million. The rally reflects a continued upward trend in spot silver prices.

On the news front, silver prices have been sustaining strong momentum. Notably, A-share listed company Fuda Alloy recently reported a turnaround from losses to profit driven by appreciation of its silver inventory, triggering a trading anomaly notice after accumulating over 20% gains across three consecutive trading sessions. This highlights the market's elevated focus on the silver price uptrend. Fuda Alloy noted that silver price fluctuations impact profitability and that the company strategically accumulates inventory during price pullbacks, though overall scale remains limited due to the capital-intensive nature of precious metals holdings.

The sustained strength in silver markets has propelled related ETF products higher. This comes after the same ETF experienced a sharp decline of over 5% on June 10 amid concerns over weakening industrial demand and macro headwinds, suggesting a notable short-term reversal in market sentiment.

The Trust seeks to reflect the performance of the price of silver bullion before payment of the Trust's expenses and liabilities. It is not actively managed and does not engage in activities designed to obtain profit from, or ameliorate losses caused by, changes in the price of silver.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)