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I tried using SLV, but it's an ETF & pricing is not that close to the real thing. Do you know the sy

unknown

I tried using SLV, but it's an ETF and pricing is that close to the real thing.

Do you know the symbol for tracking the spot price of silver?

Thanks!

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Comments

K.O. (Win-Premier)

If you're talking about tracking /SI (the futures contract) Quicken does not pull quotes for futures contracts.

Jim_Harman

I don't know if there is a ticker you can access from Quicken or have personal experience with this, but the ETF price should track the spot price quite closely (minus fees) thus giving you a good estimate of the market value.

For example if the ETF is at $14.42 and an ounce of silver is $15.46 and you hold 100 oz of silver bars, you could tell Quicken you have 15.46/14.42 * 100 or 107.2 shares of SLV. You would have to adjust your holding occasionally by adding phantom shares as the fees gradually reduce the price of the ETF.