PSLV is trading 5.1% up today as silver prices surge on heightened safe-haven demand and escalating geopolitical risks.
- Heightened Middle East tensions and risks surrounding potential US–Iran strikes are boosting precious-metals sentiment, while Brent crude prices remain elevated near $88.
- With no major US economic data on the calendar, investors are rotating into defensive assets like silver, driving the sharp pre-market jump in PSLV.
- Broader equity futures are also trending higher, but the outperformance in silver reflects a specific flight to safety amid global instability.