PSLV is trading $22.12 (-3.41%) as Federal Reserve Chair Kevin Warsh’s hawkish Jackson Hole inflation message strengthened pressure from rates and the dollar, weakening precious-metals sentiment.
- The trust is falling despite generally firm silver prices, indicating trust-specific discount widening or profit-taking.
- Broader equities were nearly flat, so general market weakness does not explain the move.
- No new Sprott-specific adverse announcement was identified; positioning and premium/discount mechanics appear significant.