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Financial Highlights - $ / shares | 12 Months Ended
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Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Per Share Performance (for a Share outstanding throughout the entire period) |  |  |  |
Net asset value per Share at beginning of period |  | $ 23.00 | $ 22.24 | $ 25.59
Income from investment operations: |  |  |  |
Net investment loss |  | (0.07) | (0.06) | (0.07)
Total realized and unrealized gains or losses on investment in silver |  | (0.15) | 0.82 | (3.28)
Change in net assets from operations |  | (0.22) | 0.76 | (3.35)
Net asset value per Share at end of period |  | $ 22.78 | $ 23.00 | $ 22.24
Weighted average number of Shares |  | 48,148,767 | 48,728,767 | 40,903,425
Expense ratio | [1] | 0.30% | 0.30% | 0.30%
Net investment loss ratio |  | (0.30%) | (0.30%) | (0.30%)
Total return, net asset value |  | (0.96%) | 3.42% | (13.09%)
[1] | The expense ratio is calculated net of the voluntary waiver (refer to Note 2.7). The Gross Expense Ratio is 0.45%.

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