PHAG.AS is trading at €41.14, down 3.60%, as silver’s sharp selloff pressures the ETF. - Spot silver fell about 3.4% on October 29; selling continued into October 30, and a break below key support near $54.50 added momentum pressure. - Resilient U.S. growth and persistent inflation boosted expectations of a possible Fed hike; two policymakers dissented for a hike, weighing on non-yielding silver. - Physical silver ETF trading volume was 109,931 shares on October 29, per available PHAG listing data.