🟢 PHAG.AS is trading 3.7% up today on silver price rally and improved global risk sentiment

PHAG.AS is trading up 3.7% at €46.90, tracking a significant rally in spot silver prices as investors move back into precious metals.

• The gain is driven by improving global risk sentiment following the U.S. decision to halt planned strikes on Iran, which has reduced immediate geopolitical tensions.
• A rare coordinated FX intervention between the U.S. and Japan to support the yen has further eased systemic risk fears, prompting a rebalancing toward hard assets.