Sprott Physical Silver Trust is trading 3.6% up today as investors pivot to precious metals amid escalating Middle East tensions and rising inflationary pressures.
- Wholesale inflation (PPI) jumped 1.1% in May, reaching a 6.5% annualized rate, while Brent crude surged past $94 per barrel.
- The trust is seeing a recovery following a sharp multi-session pullback, supported by silver's dual role as an inflation hedge and a geopolitical safe haven.