Am I allowed to put an ELI5 here? I read the rule headers and it didn't seem against them… sorry if not allowed.
Anyway, on to the q:
>SLV tracks the silver spot price, less expenses and liabilities, using silver bullion held in London.
Why the difference in price between SLV and the spot price?
At the time of posting, SLV is at $77.84 and the spot price is $84.98/oz