🔴 SLV is trading 3.1% down today on rising Treasury yields and a firmer dollar

SLV is trading at $50.38, down 3.1% from the prior close, as rising Treasury yields and a firmer dollar pressure precious metals.

• Higher yields and a stronger dollar increase the opportunity cost of holding non-yielding assets, weakening silver's appeal as an inflation hedge.
• Industrial demand concerns in the solar and EV sectors are contributing to additional near-term downside risk for silver prices.
• The move extends a period of heightened volatility for silver-linked assets.