SLV is trading 4.9% up today on a weakening U.S. dollar and significant progress in U.S.-Iran diplomatic talks.
- A new memorandum framework, which includes the reopening of the Strait of Hormuz, has significantly reduced geopolitical risk premiums and boosted demand for precious metals.
- Silver is currently outperforming major market indices, maintaining its safe-haven appeal despite the broader de-escalation of regional tensions.