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Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
EXPENSES    
Sponsor's Fees $ 197,943 $ 224,585
Less: Waiver of Sponsor's Fee (Note 2.7) (98,972) (112,293)
Total expenses 198,000 225,000
Net investment loss (198,000) (225,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)    
Realized loss on silver transferred to pay expenses (67,000) (40,000)
Realized loss on silver distributed for the redemption of Shares (779,000) (1,380,000)
Change in unealized gain on investment in silver 28,860,000 14,111,000
Total gain on silver 28,014,000 12,691,000
Change in net assets from operations $ 27,816,000 $ 12,466,000
Net increase in net assets per Share $ 1.53 $ 0.68
Weighted average number of Shares 18,229,670 18,348,889