🔴 Silver Trust (PSLV) is trading 5.2% down in pre-market as silver falls

PSLV is trading at $19.91, down 5.24% in pre-market as silver fell more than 3%.

• Rising energy costs stoked inflation concerns and higher-rate expectations. The 10-year Treasury yield rose to 5.20%, while a stronger dollar pressured non-yielding precious metals.
• President Trump’s rejection of Iran’s proposal to reopen the Strait of Hormuz renewed geopolitical uncertainty and lifted oil prices.
• Available evidence does not establish PSLV-specific trading activity.