--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/40319938.md" description: "Silver has dropped about 2% in this wave, with the Silver Trust ETF following suit and weakening, while the 2x ETF that shorts silver has actually risen by nearly 4%.Interestingly, both instruments moving in opposite directions are under close watch, indicating that the pricing divergence for silver is real.Silver possesses both industrial and monetary attributes—when industrial demand weakens, its metal attribute depresses the price; but if it's just a temporary decoupling from gold, silver might catch up. I think the explanation leaning towards the industrial side is more plausible at the moment, as the pressure from tariffs on manufacturing demand hasn't been fully absorbed. I wonder how everyone is judging silver's current position?" datetime: "2026-04-30T09:45:38.000Z" locales: - [en](https://longbridge.com/en/topics/40319938.md) - [zh-CN](https://longbridge.com/zh-CN/topics/40319938.md) - [zh-HK](https://longbridge.com/zh-HK/topics/40319938.md) author: "[特大肠粉](https://longbridge.com/en/profiles/27514705.md)" --- # Silver has dropped about 2% in this wave, with the… ### Related Stocks - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [AGQ.US](https://longbridge.com/en/quote/AGQ.US.md) - [SLV.US](https://longbridge.com/en/quote/SLV.US.md) - [07299.HK](https://longbridge.com/en/quote/07299.HK.md) ## Comments (1) - **我在美股打黑工 · 2026-04-30T12:31:16.000Z**: Bullish?