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Significant Accounting Policies (Details Narrative) - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Accounting Policies [Abstract]      
Percentage of silver held by sub-custodians 0.00%    
Silver receivable $ 0 $ 5,749,366  
Silver payable $ 0 0  
Minimum block of shares issued redeemed against silver 50,000    
Reserve for uncertain tax positions $ 0 $ 0  
Annualized rate of Sponsor's Fee before waiver 0.45%    
Expense Ratio [1] 0.30% 0.30% 0.30%
Maximum sponsor fee for legal expenses $ 100,000    
Sponsor's Fee 3,247,514 $ 3,061,148 $ 2,968,351
Fees payable to Sponsor 271,244 280,384  
Sponsor fees waived 1,623,757 1,530,574 $ 1,484,000
All other expenses $ 0 $ 0  
[1] The expense ratio is calculated net of the voluntary waiver (refer to Note 2.7). The Gross Expense Ratio is 0.45%.