PSLV is trading at $21.28, up 3.66% versus the September 16 close, as silver futures rebounded overnight.

  • December COMEX silver was recently quoted near $64.865, up approximately 1.6%, supporting the physical-silver trust.
  • The Fed’s anticipated 25-basis-point hike initially pressured metals through a stronger dollar and higher yields, but silver recovered as rate uncertainty cleared and traders bought the dip.
  • Broader risk-on futures provide support, while persistent inflation and another possible 2026 hike remain headwinds.