Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTRob IsbittsWed, August 5, 2026 at 5:00 PM GMT+2 2 min readSilver bullion by SonerCdem via iStockHere's the updated chart of the Global X Silver Miners ETF (SIL), which tracks a basket of silver mining stocks. This is through market close on Tuesday, Aug. 4. What do I see? A potential bounce that could lift this ETF by perhaps 30%, back to its recent high. SIL sits at a classic point for technicians. It is trying to break out, but failure is also high probability. www.barchart.comBuying a mining stock isn't the same as holding a physical bar of silver in your hand. The ETF tracks companies that dig metal out of the ground, which means you are buying real businesses with employees, machinery, and balance sheets.More News from Barchart