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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
EXPENSES      
Sponsor’s Fee $ 2,681,000 $ 1,631,000 $ 1,477,000
Less: Waiver (893,655) (543,652) (492,406)
Total expenses 1,787,000 1,087,000 985,000
Net investment loss (1,787,000) (1,087,000) (985,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)      
Realized gain / (loss) on silver transferred to pay expenses 174,000 (150,000) (179,000)
Realized gain / (loss) on silver distributed for the redemption of Shares 4,746,000 (2,249,000) (4,374,000)
Change in unrealized gain / (loss) on investment in silver 258,079,000 59,907,000 (22,626,000)
Total gain / (loss) on investment in silver 262,999,000 57,508,000 (27,179,000)
Change in net assets from operations $ 261,212,000 $ 56,421,000 $ (28,164,000)
Net increase / (decrease) in net assets per Share $ 8.93 $ 2.45 $ (1.31)
Weighted average number of Shares 29,257,514 22,988,630 21,487,534