SLV is trading at $55.57, down -4.44%, as elevated Treasury yields and a firmer dollar reduce demand for non-yielding precious metals.
- President Trump’s rejection of Iran’s ceasefire proposal pushed oil higher, reviving inflation concerns and expectations that rates may stay restrictive. Brent crude rose more than 3% in Monday trading.
- Pressure is broad across precious metals, rather than tied to a specific SLV holding.