SIL is trading 3.08% down now at $97.03 after silver prices weakened overnight.

  • Silver futures fell from the September 9 close of $67.94 to $66.62 by 6:58 a.m. ET.
  • Hotter-than-expected August producer inflation pressured equities and lifted rate concerns.
  • The S&P 500, Nasdaq Composite, and Dow Jones were all down more than 0.5%, reinforcing downside pressure on silver miners.