🟢 SLV is trading 3% up today as silver rebounds after Iran ceasefire shock

SLV is trading 3% higher today as silver prices rebound from a sharp selloff triggered by renewed U.S.-Iran tensions and a strengthening dollar.

• The prior day’s downturn followed President Trump’s declaration that the U.S.-Iran ceasefire had ended, which caused a spike in the dollar and pressured silver prices.
• SLV is currently recovering from oversold levels as spot silver stabilizes and broader market risk sentiment begins to show modest improvement.