PHAG.AS is trading at €41.41 (+3.25%) as silver rebounds toward $50 after Friday’s selloff, with bargain hunting supporting the early rebound.
- Friday’s tech-stock liquidation and margin calls pressured precious metals; Monday’s recovery appears to be a partial reversal, not evidence those pressures have disappeared.
- Lower oil prices and easing inflation concerns provided broader support, while interest-rate expectations remain a risk for non-yielding silver.