Sprott Physical Silver Trust (PSLV) Stock Surges as Silver Hits Record Highs — Discount to NAV, Fresh Forecasts, and What to Watch Next
Sprott Physical Silver Trust (PSLV) closed Friday at $26.04, up 8.7%, after silver hit record highs above $77 per ounce in thin post-holiday trading. PSLV traded at a 4.26% discount to its reported net asset value of $27.20. Volume topped 25 million shares. Analysts cited Fed policy expectations, a weaker dollar, and geopolitical tensions as drivers.