SLV is trading at $44.56 (-6.22%) as hotter-than-expected inflation and resilient U.S. growth reinforce expectations of another Federal Reserve rate hike.

  • September PCE rose 0.5% month over month, while third-quarter GDP grew at a 3.4% annualized pace.
  • Silver prices fell below $51 an ounce amid broader weakness across silver and precious metals; the decline is not SLV-specific.
  • Ongoing selling and silver’s relative underperformance are adding pressure to the ETF.