SLV is trading 7.6% down today as traders react to expectations of tighter U.S. monetary policy under new Fed Chair Kevin Warsh.
- Higher real-yield expectations are reducing the appeal of non-yielding assets like silver, prompting broad selling across the precious metals sector.
- The decline is significantly sharper than the overall equity market, reflecting a repricing of inflation and rate-cut hopes following recent hot inflation data and surging energy prices.