🔴 PHAG.AS is trading 4.3% down today as rising yields and oil prices pressure precious metals

PHAG.AS is trading 4.3% down today as investors cut exposure to precious metals amid rising yields and surging oil prices.

• The fund, which tracks the LBMA Silver Price, is facing pressure from broader risk aversion and shifting capital flows.
• Geopolitical tensions are further weighing on non-yielding assets like silver and related ETFs.