Sprott Physical Silver Trust (PSLV) has released an update.
Sprott Physical Silver Trust, a mutual fund trust focused on silver bullion, reported a significant increase in unrealized gains for the first half of 2024, with a total net asset value of $4.99 billion reflecting a strong market performance. The Trust’s units traded at a discount to net asset value and saw an increase in unit issuance and redemption for silver bullion compared to the previous year. Operating expenses remained low, and there were no material changes in the Trust’s risk level, management, or investment objectives.
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