SILVER ETF
The silver ETF is an exchange-traded fund whose investments are composed of primarily raw silver assets. It is held by a fund manager or custodian in a trust fund that is usually established as grantor trusts where the representative shares are silvers measured in ounces. The purpose of silver ETFs is to keep track of the silver’s spot price in the open market as accurately as possible.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:00 | Credit Card Spending | Mar | |
| 14:30 | Industrial Product Price Index | Mar | |
| 14:30 | New Housing Price Index | Mar | |
| 14:30 | Raw Materials Price Index | Mar | |
| 16:00 | Consumer Confidence | Apr | |
| 02:30 | PMI Manufacturing | Apr | |
| 02:30 | Tertiary Industry Index | Apr | |
| 02:30 | PMI Composite | Apr | |
| 08:00 | Public Sector Net Borrowing | Mar |
