Sprott Physical Silver is trading 4.13% up now at CA$30.25, tracking a broader rally in silver prices.

  • Silver rose as much as 2.64% on August 10, supported by expectations that weaker July employment data could reduce pressure for Federal Reserve rate hikes.
  • Precious-metals momentum followed the August 7 payroll shock, while investors positioned ahead of Wednesday’s CPI report.
  • No new company-specific announcement was identified; the move is primarily commodity- and macro-driven.