Silver ETFs (exchange-traded funds) offer investors exposure to the price of silver without the need to purchase and store physical metal. They are a popular investment vehicle for those looking to diversify their portfolios or gain exposure to precious metals.
Silver ETFs provide several benefits over physical silver. They are more liquid, meaning they can be easily bought and sold on the stock exchange. They are also more secure, as they are held in a trusted custodian and not subject to the risks of theft or loss. Additionally, Silver ETFs offer diversification benefits, as they track the price of silver rather than the performance of a single company.