Silver Miners ETF (SIL) hits new 52-week high, showing strong performance and potential for further gains.

Global X Silver Miners ETF (SIL) hits a 52-week high, up 77.6% from its low. The Solactive Global Silver Miners Total Return Index measures global silver mining companies’ performance. Silver prices surge due to falling interest rates and safe-haven demand. Silver’s industrial demand and supply deficit conditions give it an edge over gold. SIL may continue its strong performance with a positive weighted alpha of 51.92, indicating a potential further rally ahead. Investors seeking momentum should keep an eye on SIL for potential gains in the near term.

Read more at Zacks Investment Research: Silver Miners ETF (SIL) Hits New 52-Week High – July 8, 2025