🔴 PHAG.AS is trading 3.47% down today as silver prices fall on hawkish Fed and stronger dollar

PHAG.AS is trading at €44.29 (-3.47%) as silver-linked ETFs come under pressure from hawkish Fed commentary and a strengthening U.S. dollar.

• Rising interest rate expectations and a robust dollar are weighing heavily on precious metals, driving the spot price of silver lower.
• Broader risk sentiment remains soft, with major U.S. indices trading lower and geopolitical uncertainty keeping global markets cautious.
• As an ETF tracking physical silver, PHAG.AS is moving in line with the metal's spot-price weakness rather than fund-specific developments.