🟢 Silver ETF (PHAG.AS) is trading 3.19% up on November 3, 2026, as bargain hunting and short-covering fuel silver’s rebound

PHAG.AS is trading at €41.38, up +3.19%, as silver rebounds after Friday’s sharp selloff.

• Last session: November 2; bargain hunting and short-covering supported prices.
• Lower oil and hopes for progress in U.S.-Iran talks eased inflation concerns and expectations of higher interest rates, which can weigh on non-yielding metals.
• Trading Economics reported silver rose around 4% to $50.80 an ounce Monday; coverage called it a partial bounce, not a sustained reversal, after tech-stock losses and margin calls drove liquidation.