SLV is trading 3.5% up today as markets rally on reports that U.S.-Iran negotiations may resume in Islamabad following the Strait of Hormuz blockade.
- The potential diplomatic breakthrough is easing energy supply concerns, softening inflationary pressures caused by recent oil price spikes.
- Broader market indices are trending higher with the technology sector leading the gains, reflecting increased investor appetite for risk assets like silver despite ongoing geopolitical tensions.