🟢 SLV is trading 5.4% up today on Mideast ceasefire hopes and risk-on sentiment boosting commodities

SLV is trading 5.4% up in pre-market as Mideast ceasefire hopes between the US and Iran drive risk-on sentiment, reversing the previous session's slide.

• Silver is rebounding from its March 24 close of $62.95 after silver futures previously dropped 3% on de-escalation reports.
• Broader markets are gaining roughly 1% while oil prices fell 5% to $99/bbl, as investors pivot toward global de-escalation following recent volatility.
• With no major economic data on the calendar, market focus remains on the recovery of commodity plays and safe-haven assets.