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Changes in ounces of silver and their respective values for the years ended December 31, 2024 and 2023 are set out below: (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2024
USD ($)
oz
Dec. 31, 2023
USD ($)
oz
Dec. 31, 2022
USD ($)
oz
Accounting Policies [Abstract]      
Opening balance | oz 44,584,861.0 46,496,067.9  
Creations | oz 11,798,793.7 4,942,045.2  
Redemptions | oz (7,307,064.1) (6,714,197.2)  
Transfers of silver to pay expenses | oz (137,244.2) (139,054.9)  
Closing balance | oz 48,939,346.4 44,584,861.0 46,496,067.9
Opening balance $ 1,060,674 $ 1,113,348  
Creations 357,817 116,454  
Redemptions (219,235) (155,737)  
Realized gain on silver distributed for the redemption of Shares 50,350 10,651 $ (5,669)
Transfers of silver to pay expenses (3,828) (3,256)  
Realized gain on silver transferred to pay expenses 812 252 50
Change in unrealized (loss) on investment in silver 168,001 (21,038) 14,959
Closing balance $ 1,414,591 $ 1,060,674 $ 1,113,348