PSLV is trading at $21.22 (-3.81%) as silver futures reverse after September 9’s rally, pressured by firmer Treasury yields and a stronger dollar weighing on non-yielding precious metals.
- Hotter August PPI reinforces expectations for tighter Federal Reserve policy; silver futures were reported down about 2.1% amid the macro repricing.
- U.S.-Iran escalation and Brent crude above $100 are sustaining inflation concerns, keeping yields elevated despite some safe-haven demand.