🔴 Silver ETF (SLV) is trading 3.38% down in pre-market as Treasury yields weigh on silver

SLV is trading at $47.40, down 3.38% in pre-market as elevated long-term Treasury yields and lingering rate-hike expectations weigh on silver. - Silver futures fell overnight: COMEX silver was down 0.87%, and SHFE silver was down 1.53%. - Dollar pressure eased somewhat after the Fed held rates. - Market evidence indicates pressure across precious metals but does not establish a single cause for SLV’s larger pre-market move.