A silver ETF, or Exchange-Traded Fund, is a type of investment fund that tracks the price of silver. Investors can buy shares of the ETF on stock exchanges, similar to how they would buy stocks. This allows individuals to gain exposure to silver without needing to physically own the metal.
Silver ETFs typically hold physical silver or silver-related assets, such as mining stocks. They provide a convenient way for investors to diversify their portfolios and hedge against inflation or economic uncertainty, as silver is often seen as a safe-haven asset during market volatility.