Sprott Physical Silver Trust (PSLV) Stock Surges as Silver Hits Record Highs — Discount to NAV, Fresh Forecasts, and What to Watch Next
NEW YORK, Dec. 28, 2025, 2:19 a.m. ET — Market closed (weekend) Sprott Physical Silver Trust (NYSEARCA: PSLV) is heading into Monday’s reopening session with unusual momentum after an explosive post‑Christmas move in precious metals sent silver to fresh records and reignited debate over how far the rally can run. PSLV, a closed-end trust designed to track physical silver bullion, last closed at $26.04 on Friday, up $2.08 (about 8.7%), with trading volume topping 25 million shares—a notable burst for a fund that often becomes a “go-to” ticker when silver gets volatile. The key snapshot investors are watching: price vs.