SLV is trading 3.5% down as escalating geopolitical risks and a looming deadline for Iran to reopen the Strait of Hormuz spark a liquidity-driven decline across asset classes.
- Geopolitical instability has pushed oil prices above $113/barrel, fueling inflation fears and the potential for further Fed rate hikes.
- Silver is decoupling from its traditional safe-haven status as institutional investors sell off positions to cover equity margin calls, mirroring the recent liquidity rupture seen in gold.