SIL is trading 4.45% down now at $92.28 after silver weakened as markets raised expectations for a Federal Reserve rate increase.
- Silver fell toward $63.35 amid higher yields and renewed Middle East tensions, increasing inflation concerns and rate-risk sentiment.
- Other silver ETFs also declined, indicating sector-wide pressure rather than a SIL-specific announcement.
- U.S. equities are weaker, adding to the risk-off backdrop.