🔴 SLV is trading 3.41% down today as profit-taking and a stronger dollar pressure silver prices

SLV is trading at $51.67 (-3.41%) as silver pulls back from a sharp rally due to profit-taking hitting the metal and related ETF.

• The move is driven by cooling safe-haven demand and a firmer U.S. dollar pressuring the precious metals complex.
• Broader risk assets are firming, which is reducing the appeal of silver as a defensive trade.