SLV is trading 3.5% down today as remarks reinforced a hawkish inflation stance and offered less forward guidance, increasing uncertainty around future rate hikes. Reuters reported spot silver fell 1% to $68.54 per ounce.
- Firm Treasury yields, a resilient U.S. dollar, and weaker precious-metals sentiment are weighing on silver.
- Investors are repricing precious metals around Fed policy risk; broader equities remained largely subdued.
- Boliden’s Nexa acquisition is strategically positive for future silver supply but does not explain today’s sharp ETF decline.