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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Expenses        
Sponsor's fees $ 8,953,394 $ 5,821,811 $ 16,630,343 $ 11,773,725
Total expenses 8,953,394 5,821,811 16,630,343 11,773,725
Net investment loss (8,953,394) (5,821,811) (16,630,343) (11,773,725)
Net Realized and Unrealized Gain (Loss)        
Silver bullion sold to pay expenses (583,239) (1,096,088) (508,599) (1,881,871)
Silver bullion distributed for the redemption of Shares (10,559,630) (16,366,108) (20,204,979) (58,634,643)
Net realized loss (11,142,869) (17,462,196) (20,713,578) (60,516,514)
Net change in unrealized appreciation/depreciation 1,686,694,147 57,866,685 263,482,483 (11,330,698)
Net realized and unrealized gain (loss) 1,675,551,278 40,404,489 242,768,905 (71,847,212)
Net increase (decrease) in net assets resulting from operations $ 1,666,597,884 $ 34,582,678 $ 226,138,562 $ (83,620,937)
Net increase (decrease) in net assets per Share (in dollars per share) [1] $ 3.51 $ 0.10 $ 0.52 $ (0.25)
[1] Net increase (decrease) in net assets per Share based on average shares outstanding during the period.