🔴 SLV is trading 3.1% down today as U.S.-Iran ceasefire ends

SLV is trading 3.1% down today following President Trump’s announcement ending the U.S.-Iran ceasefire, which has triggered a sharp rotation out of commodities.

• The termination of the ceasefire has significantly strengthened the U.S. dollar, placing downward pressure on the iShares Silver Trust.
• Silver prices are extending a multi-day decline as global risk-off sentiment drives investors away from precious metals.