Start WITHOUT emoji. Trading at $55.27 (+3.15%)
Silver is moving higher as spot prices rebound, with market data showing silver up to $60.14/oz on July 2 after a sharp June pullback. The main catalysts are renewed Middle East/US-Iran tensions and a lower-inflation Fed tone, which together have supported safe-haven buying in precious metals.[2][4]
SLV tracks silver bullion closely, so the ETF is following the underlying metal’s rally rather than a fund-specific event. The move also builds on July 1 strength, when SLV already surged on the same geopolitical and macro backdrop.[2][9]