PANews January 27 News, the extreme surge in silver prices is triggering a surge in trading volume of iShares Silver ETF (SLV). On Monday, this ETF recorded nearly $40 billion in trading volume. This trading volume exceeded Nvidia’s $23 billion trading volume on the same day and was also far higher than Tesla’s $22 billion trading scale. Just a few months ago, the average daily trading volume of iShares Silver ETF was only about $2 billion; by late December last year, it had surged to about $10 billion. After entering January 2026, along with the further spike in silver prices, trading activity has once again skyrocketed. Silver had already increased by more than double in 2025, and in January 2026, it continued its astonishing rally, with gains approaching 60% so far, potentially marking the largest single-month increase since 1979.