Reuters reports iShares Silver Trust holdings exceeded 200 million ounces this week.

IShares Silver Trust, which is managed by Barclays Global Investors, had 201.8 million ounces of silver as of July 29, trade group Silver Institute said in a statement. At the end of 2007, the top silver ETF held 168.7 million ounces of silver bullion.

Michael DiRienzo, Executive Director of Silver Institute(Washington) says:

“Silver’s strong price performance over the past three and one-half years has brought renewed investor interest to the white metal.”

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