SSLN.L is trading +3.46% up now at £4481.00 after silver rallied following the unexpectedly weak July U.S. payrolls report.
- The 23,000-job contraction reduced expectations for restrictive Federal Reserve policy and pressured yields and the dollar.
- Silver also benefited from tight physical inventories and structural supply deficits.
- The ETC tracks physical silver, making this primarily a commodity and macro-driven move.