SLV is trading 5.8% up today as silver prices hit $73.99 per troy ounce, driven by reduced geopolitical risks in the Middle East and a pausing US dollar rally.
- This move supports silver's safe-haven appeal, while broader market strength from yesterday's JOLTS data adds additional tailwinds.
- JOLTS data indicated a cooling yet stabilizing labor market, contributing to modest overnight gains across major indices and commodities.