PSLV is trading at $20.05 (+3.35%) as softer-than-expected U.S. jobs data cooled expectations for another Federal Reserve rate hike.

  • Precious metals rebounded as Treasury yields pulled back; silver rose alongside gold, supporting PSLV’s move.
  • Easing oil prices and reduced near-term U.S.-Iran military concerns improved the backdrop for non-yielding metals, though geopolitical risks and rate-hike expectations continued to limit silver’s gains.