🔴 Physical Silver ETF (PHAG.AS) is trading 4.39% down today as rising yields pressure precious metals

PHAG.AS is trading at €50.27, down -4.39%, as higher oil prices, rising Treasury yields and inflation concerns increase expectations for tighter monetary policy.

• Silver recently benefited from safe-haven demand linked to the U.S.–Iran escalation, but firm yields and the dollar are now offsetting that support.
• Conflicting intraday signals indicate elevated volatility rather than an ETF-specific development.