PSLV is trading at $16.29, down 3.50%, as silver’s sharp selloff weighs on the trust. - Spot silver fell about 3.5% on October 29 amid momentum selling and a breach of support. - September PCE inflation was 3.6% year over year; hawkish Fed signals and expectations of a possible December rate hike have pressured non-yielding silver. - Risk-off markets may add pressure, but the pre-market quote does not establish an additional overnight decline in silver futures.