PSLV is trading at $21.95, up 3.10% in pre-market as geopolitical tensions and oil-price risks supported precious-metals demand.

  • Silver rose about 1% to $65.30 an ounce overnight.
  • Positioning ahead of the August 12, 2026, 8:30 AM ET CPI report could reshape Federal Reserve rate expectations; silver futures were modestly higher near $65, while Treasury yields were largely steady.
  • PSLV’s gain exceeds the broader market’s modest advance, indicating commodity-specific strength.