🟢 PHAG.AS is trading 4.9% up today on a continued silver rally and easing geopolitical tensions

PHAG.AS is trading around €49.17 (+4.85%), extending a sharp upward move driven by a continued rally in spot silver prices and shifting global sentiment.

• The ETF directly tracks the LBMA Silver Price Index, benefiting from increased investor demand for precious metals as defensive and inflation-hedge assets.
• The price jump follows signs of de-escalation in Middle East tensions, which has improved risk sentiment and supported the recent momentum in the silver market.