On September 17, Global X Silver Miners ETF rose 5.14% in regular trading, trading at $95.54/share, with turnover of $24.31 million. The silver mining sector staged a broad-based rebound during a pivotal super central bank week.

On the news front, despite the CME FedWatch tool showing a September rate hike probability climbing to 87%, multiple institutions indicated that the market has already fully priced in near-term tightening expectations. Wall Street broadly turned bullish on gold and silver prices ahead of the rate decision, triggering a collective rebound across the silver mining sector following a period of significant pullback. Spot silver had previously found support near the $63 level before recovering.

Adding to the bullish backdrop, the global silver market has been in a structural deficit for five consecutive years, with physical inventories depleting rapidly. Industrial silver demand, driven by photovoltaics, AI, and electric vehicles, now accounts for 60% of total demand and is projected to grow over the next five years. London market silver inventories recently hit a 10-year low, reinforcing supply tightness that underpins the sector.

Global X Silver Miners ETF invests at least 80% of its total assets in securities of its underlying index, which is designed to measure broad-based equity market performance of global companies involved in the silver mining industry.

(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.)