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Changes in ounces of silver and their respective values for the years ended December 31, 2020 and 2019 are set out below: (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2020
USD ($)
oz
Dec. 31, 2019
USD ($)
oz
Dec. 31, 2018
USD ($)
oz
Accounting Policies [Abstract]      
Opening balance | oz 23,216,266.6 21,973,640.6  
Creations | oz 11,129,847.0 2,183,968.2  
Redemptions | oz (1,645,663.9) (874,529.4)  
Transfers of silver to pay expenses | oz (82,587.7) (66,812.8)  
Closing balance | oz 32,617,862.0 23,216,266.6 21,973,640.6
Opening balance $ 418,938 $ 339,822  
Creations 218,306 36,430  
Redemptions (34,601) (13,838)  
Realized gain on silver distributed for the redemption of Shares 4,746 (2,249) $ (4,374)
Transfers of silver to pay expenses (1,674) (1,068)  
Realized gain on silver transferred to pay expenses 174 (150) (179)
Change in unrealized gain on investment in silver 258,079 59,907 (22,626)
Change in unrealized gain on unsettled creations or redemptions (84) 84  
Closing balance $ 863,884 $ 418,938 $ 339,822