Silver hit another peak Tuesday, with silver-related stocks gaining after the U.S. market closed. The iShares Silver Trust rose roughly 1.8% in after-hours trading. Spot silver hovered near $86.94 an ounce, marking a 2.1% increase on the day after briefly reaching $89.13, according to Investing.com.
Shares of iShares Silver Trust, a widely used proxy for silver prices, fell 7.1% to $66.01 in after-hours trading on Monday. The abrdn Physical Silver Shares ETF was down 7.2% at $69.33.