🔴 PSLV is trading 3.42% down today as silver pulls back after a geopolitical-driven rebound

PSLV is trading at $18.52 (-3.42%) as silver prices reverse following a bounce driven by Middle East tensions and inflation-hedge demand.

• The decline tracks a weaker spot-silver tape, as the trust maintains a direct correlation with physical silver prices.
• The move appears to be a metal-specific retreat rather than a broader market or ETF-specific event.
• Silver is giving back gains from the prior session's risk-driven rally despite mixed sentiment in the broader markets.