SLV is trading 4.1% down today as global silver prices fall sharply, reflecting the unwinding of speculative gains and expectations of tighter Federal Reserve policy.
- Spot silver has dropped more than 4% today and over 20% for the month, significantly underperforming gold as geopolitical risk premiums fade.
- Sentiment is being pressured by a broader tech selloff, which has weakened industrial-demand expectations for the metal.
- Rising interest rate concerns and a shift in investor positioning continue to weigh on the precious metals sector broadly.