🔴 Commodities Focused ETF (SLV) is trading 3.4% down in pre-market as silver faces selling pressure

SLV is trading at $50.49 (-3.39%) as silver futures and spot prices fell overnight amid reported selling pressure.

• One October 22 update put COMEX silver down about 1.38%.
• Higher Treasury yields and oil-driven inflation worries are weighing on precious metals; renewed Middle East tensions have weakened broad risk sentiment.
• U.S. equity futures are lower in pre-market trading; volume data is unavailable.