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home / news releases / SLV - All Systems Go: Silver And Platinum


SLV - All Systems Go: Silver And Platinum

Over the last few weeks, the dual-purpose monetary/industrial metals of silver and platinum have entered a stronger technical momentum position. Coincidentally or not, on Wednesday, the Federal Reserve announced its intent to keep interest rates near zero for the largest banks until 2022-23. The Fed's base assumption is the unemployment rate will remain close to 9% into early 2021, and GDP will not recover to previous coronavirus pandemic levels until 2022. In addition, leaders in both parties agree another round of stimulus later in the summer of $1-2 trillion is likely. Help for states and

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Stock Information

Company Name: iShares Silver Trust
Stock Symbol: SLV
Market: NYSE

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