SLV is trading 5% higher today as escalating U.S.-Iran tensions in the Strait of Hormuz drive a flight to safe-haven assets.
- Oil prices have spiked above $100 per barrel, boosting silver's appeal as a geopolitical hedge amid broader market caution.
- The move bucks the trend of lower major indices futures, highlighting silver's unique role in risk-off environments tied to energy market volatility.