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Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2016
Significant Accounting Policies [Abstract]  
Categorization Of The Trust's Assets



 

 

 

 

 

 



 

 

 

 

 

 

(Amounts in 000's of US$)

 

March 31, 2016

 

December 31, 2015



 

 

 

 

 

 

Level 2

 

 

 

 

 

 

Investment in silver

 

$

277,431 

 

$

248,122 



Schedule Of Investment In Silver



 

 

 

 

 

 



 

 

 

 

 

 



 

Three Months

 

Year



 

Ended

 

Ended

(Amounts in 000's of US$, except for ounces data)

 

March 31, 2016

 

December 31, 2015

Ounces of silver

 

 

 

 

 

 

Opening balance

 

 

17,953,851.0 

 

 

18,401,534.5 

Creations

 

 

294,060.2 

 

 

982,678.0 

Redemptions

 

 

(196,102.3)

 

 

(1,375,710.4)

Transfers of silver to pay expenses

 

 

(13,400.2)

 

 

(54,651.1)

Closing balance

 

 

18,038,408.7 

 

 

17,953,851.0 



 

 

 

 

 

 

Investment in silver

 

 

 

 

 

 

Opening balance

 

$

248,122 

 

$

293,873 

Creations

 

 

4,494 

 

 

15,497 

Redemptions

 

 

(3,008)

 

 

(22,933)

Realized (loss) / gain on silver distributed for the redemption of Shares

 

 

(779)

 

 

(3,789)

Transfers of silver to pay expenses

 

 

(191)

 

 

(867)

Realized (loss) / gain on silver transferred to pay expenses

 

 

(67)

 

 

(193)

Change in unrealized gain / (loss) on investment in silver

 

 

28,860 

 

 

(33,466)

Closing balance

 

$

277,431 

 

$

248,122