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Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2017
Significant Accounting Policies [Abstract]  
Categorization Of The Trust's Assets



 

 

 

 

 

 



 

 

 

 

 

 

(Amounts in 000's of US$)

 

June 30, 2017

 

December 31, 2016



 

 

 

 

 

 

Level 2

 

 

 

 

 

 

Investment in silver

 

$

335,390 

 

$

311,346 



Schedule Of Investment In Silver



 

 

 

 

 

 



 

 

 

 

 

 



 

Six Months

 

Year



 

Ended

 

Ended

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

 

June 30, 2017

 

December 31, 2016

Ounces of silver

 

 

 

 

 

 

Opening balance

 

 

19,171,529.7 

 

 

17,953,851.0 

Creations

 

 

1,808,090.6 

 

 

1,958,468.7 

Redemptions

 

 

(586,404.1)

 

 

(685,202.5)

Transfers of silver to pay expenses

 

 

(29,494.4)

 

 

(55,587.5)

Closing balance

 

 

20,363,721.8 

 

 

19,171,529.7 



 

 

 

 

 

 

Investment in silver

 

 

 

 

 

 

Opening balance

 

$

311,346 

 

$

248,122 

Creations

 

 

30,469 

 

 

35,054 

Redemptions

 

 

(10,251)

 

 

(11,200)

Realized loss on silver distributed for the redemption of Shares

 

 

(914)

 

 

(1,974)

Transfers of silver to pay expenses

 

 

(507)

 

 

(941)

Realized loss on silver transferred to pay expenses

 

 

(55)

 

 

(127)

Change in unrealized gain on investment in silver

 

 

5,302 

 

 

42,412 

Closing balance

 

$

335,390 

 

$

311,346