On June 15, iShares Silver ETF (SLV) rose 5.21% in regular trading, trading at $64.17/share, with turnover of $527 million.

On the news front, the United States and Iran reached a ceasefire memorandum of understanding, leading to the full reopening of the Strait of Hormuz. The geopolitical de-escalation triggered a concentrated release of previously accumulated crude oil risk premiums, with WTI and Brent crude both falling over 5% in a single session. In contrast, precious metals rallied broadly, with spot silver surging 3.90% to $70.61/ounce. Silver's dual attributes as both a safe-haven and industrial metal provided strong support, with ongoing global demand from the computing infrastructure supply chain — including PCBs, optical modules, and semiconductor conductive materials — reinforcing the bullish case for silver prices.

Additionally, A-share silver-related companies have recently seen significant gains tied to silver price appreciation, reflecting heightened market attention to the upward trend in silver. Companies have noted that silver price fluctuations materially impact profitability, with some adopting strategic stockpiling during pullbacks.

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 any activities designed to obtain a profit from, or to 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.)