---
title: "Weekly Recap | SIVR.US +3.04%, closing in on record highs"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/299503446.md"
description: "Abrdn Silver ETF Trust (SIVR.US) closed the week up 3.04% at $63.01, while the S&P 500 slipped 0.08%, leaving the fund 3.12 percentage points ahead of the benchmark. The pattern was back-loaded: Monday opened at $59.81 and Tuesday edged up to $60.46, then Wednesday dipped to an intraday low of $59.17 before closing at $60.01. Thursday and Friday pushed higher, with Friday closing at $63.01 after touching $63.47. Weekly amplitude was 7.19%, with average daily volume running about 10."
datetime: "2026-09-19T04:10:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/299503446.md)
  - [en](https://longbridge.com/en/news/299503446.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/299503446.md)
generator: "portal-rs"
---

# Weekly Recap | SIVR.US +3.04%, closing in on record highs

## The Week

Abrdn Silver ETF Trust (SIVR.US) closed the week up 3.04% at $63.01, while the S&P 500 slipped 0.08%, leaving the fund 3.12 percentage points ahead of the benchmark. The pattern was back-loaded: Monday opened at $59.81 and Tuesday edged up to $60.46, then Wednesday dipped to an intraday low of $59.17 before closing at $60.01. Thursday and Friday pushed higher, with Friday closing at $63.01 after touching $63.47. Weekly amplitude was 7.19%, with average daily volume running about 10.53% above the recent median.

## Sector News

Precious metals spent the week caught between shifting Federal Reserve expectations and volatile oil prices. Early in the week, rising bets on a Fed rate hike and oil-driven inflation worries weighed on gold and silver, with silver futures settling lower. After the Fed decision on Wednesday, gold initially fell before recovering as the dollar softened and crude eased, lifting silver alongside. Sentiment swung with the macro data, and mining-linked names helped lift Canadian equities during the session.

## The Week Ahead

Investors will watch the Richmond Fed Composite Index on Tuesday 22 September, EIA crude and Cushing inventory data on Wednesday 23 September, and initial jobless claims, the current account balance, new home sales and EIA natural gas storage on Thursday 24 September. Precious metals remain sensitive to the dollar and rate expectations, so any data that shifts the tightening narrative could keep volatility elevated.

## In Short

SIVR.US gained 3.04% this week and outperformed the broad market, closing near the upper part of its 60-day range but still within the wider $52.14 to $67.60 band. The sector’s post-Fed rebound ran alongside easing oil prices, though the latest session’s flows showed large lots as net sellers while small and medium lots were net buyers, a slightly split picture. The next move is more likely to hinge on the dollar, crude and rate expectations than on any single directional driver.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**