PSLV is trading 3.1% up today as silver prices benefit from renewed Middle East geopolitical risk and a firmer inflation-hedge bid.
- The trust is moving alongside a broader rally in hard assets as oil prices climb and investors rotate toward commodities.
- The move appears macro-driven, with silver-linked assets catching support from higher inflation expectations and risk-off positioning.
- Silver is benefiting from a flight to safety as geopolitical tensions escalate, driving demand for precious metals.