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Silver ETF SLV climbs as broader metals rally accelerates
SLV ETF rallied with silver leading a precious metals advance, supported by rate expectations, haven demand, and industrial interest, lifting SLV toward its yearly highs.
The iShares Silver Trust ETF (SLV) has risen sharply as silver outpaced gold within a broader precious metals rally. SLV traded near $64.84, up about 3.8% on heavy volume, touching its 52-week high as rate-cut expectations, haven demand, and industrial interest supported silver. Price momentum indicators show strong trend behaviour as investors gravitate toward higher-beta metal exposure.