Silver’s Parabolic Rally Pushes ETF Volume Near S&P 500 Fund

Extreme gains in silver prices are driving massive volumes in the iShares Silver Trust exchange-traded fund, with almost $40 billion in turnover recorded on Monday.

For context, that’s almost on a par with the State Street SPDR S&P 500 ETF, which is one of the world’s biggest. It also exceeds the $23 billion of trading in Nvidia Corp. stock or Tesla Inc.’s $22 billion in turnover.