🟢 Commodities Focused ETF (SLV) is trading 3% up today as U.S.-Iran conflict boosts safe-haven demand

SLV is trading at $60.85 (+3.02%) as escalating U.S.-Iran conflict increases safe-haven demand.

• Weaker August private payrolls and softer Treasury yields reduced pressure from a potentially hawkish Federal Reserve.
• Fed Governor Christopher Waller’s less-hawkish tone further supported precious metals.
• Spot silver was reported up 1.88%–1.95% on September 3, confirming a broad precious-metals rally rather than an isolated SLV move.