SIL is trading at $87.24, down -5.64%, amid sharp weakness in silver. - Reuters reported spot silver fell 4.3% to $61.51 an ounce on September 28, as rate-hike bets weighed on precious metals. - Coverage tied the pressure to renewed U.S.–Iran uncertainty, elevated oil prices and higher Treasury yields reinforcing inflation and Fed-tightening concerns. No company-specific announcement for SIL was identified; available evidence points to a sector-wide precious-metals driver.