🟢 Physical Silver ETF (PHAG.AS) is trading 4.44% up on August 21, 2026 as silver rallied after larger Treasury buybacks

PHAG.AS is trading at €53.38 (+4.44%), tracking silver’s sharp advance after the U.S. Treasury announced larger long-term bond buybacks.

• The policy initially lowered long-dated yields and weakened the dollar, supporting precious metals and reviving debasement-trade demand.
• Silver rose to approximately $68.82, while reports linked the move to lower yields, dollar weakness, and strong industrial-demand sentiment.
• Rally remained volatile as Treasury yields rebounded, but silver held gains near two-month highs; no PHAG.AS-specific corporate catalyst was identified.