Silver ETF Holdings Report on June 9, 2025

According to the latest data, the global largest silver ETF -- iShares Silver Trust holdings are as follows: as of June 6, the silver ETF held 14,709.29 tons, an increase of 36.76 tons from the previous day. Last Friday (June 6), the spot silver price closed at $35.91/ounce, up $0.26 or 0.74%. During the session, the silver price peaked at $36.32/ounce and dipped to a low of $35.60/ounce.

Changes in silver ETF holdings reflect, to some extent, the sentiment in the silver market and the comparison of bullish and bearish forces. An increase in holdings typically indicates increased buying interest, suggesting a growing bullish sentiment in the market, which theoretically is favorable for silver prices. The rise in iShares Silver Trust holdings may indicate that the market is relatively optimistic about the future trend of silver.

Regarding recent market dynamics, the U.S. Bureau of Labor Statistics (BLS) revealed that the U.S. non-farm payroll employment (NFP) increased by 139,000 in May, while April saw an increase of 147,000, with this reading exceeding the market expectation of 130,000. The unemployment rate remained stable at 4.2%, and average hourly earnings stayed unchanged at 3.9%, both figures stronger than market expectations. The better-than-expected U.S. non-farm payroll report weakened hopes for an imminent rate cut by the Federal Reserve this year, impacting both the U.S. dollar and precious metals markets like silver. Additionally, critical negotiations between the U.S. and China held in London aim to resolve the high-risk trade disputes between the world's two largest economies, leading to a cautious market sentiment. Overall, the future trend of the silver market is still influenced by various intertwined factors, and investors need to closely monitor changes in macroeconomic data and geopolitical factors. #白银