Investors watching "SIVR stock price" note sideways movement, suggesting consolidation before the next trend. Current 50-day moving average stands at $23.85, offering a near-term support zone for swing traders. If you don’t want to own physical silver directly but also want a lower-risk method than futures, you can buy an exchange-traded fund (ETF) that owns physical silver. You’ll have the potential reward for owning silver if the price rises, but fewer risks such as theft. An ETF that owns physical silver will deliver the return of silver prices minus the ETF’s expense ratio . The quarter opened with the price of silver sinking from US$33.77 per ounce on April 2 to US$29.57 on April 4. However, the metal quickly found momentum and climbed back above the US$30 mark on April 9. Forecast models project "SIVR stock price" could test $25.20 if silver futures maintain momentum. The probability rises with dovish monetary hints from the upcoming FOMC statement.
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