Silver prices had been up more than 5% to a new 30-year high of almost $50 per ounce earlier today, but they pulled back to close pit trade at $47.56 per ounce with a gain more on the order of 1%. Amid silver's strength, the iShares Silver Trust ETF (SLV 46.47, +0.94) has been setting record highs, just as it did today. What's more, share volume in SLV is at its highest level in history, so SLV traders are exchanging the most shares ever at the ETF's highest price ever.
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