
The iShares Silver Trust outpaced Nvidia and Tesla in trading volume as silver continues its strongest monthly rally since 1979, raising concerns about market volatility.
The iShares Silver Trust (SLV) recorded $40 billion in trading volume on Monday, surpassing Nvidia’s $23 billion and Tesla’s $22 billion. Silver prices doubled in 2025 and surged nearly 60% in January 2026, on track for the biggest monthly rise since 1979. Analysts warn that such rapid gains, coupled with thin market liquidity, could lead to heightened volatility and sharp reversals.