Sprott Physical Silver Trust (PSLV) Stock: Silver’s Record Run Fuels a Surge—Key Levels, NAV Discount, and What to Watch Before Monday’s Open
NEW YORK, Dec. 27, 2025, 6:45 p.m. ET — Market closed Sprott Physical Silver Trust (NYSE Arca: PSLV) heads into the weekend with momentum after a powerful Friday move tied directly to silver’s latest breakout. The trust’s U.S.-listed units last closed at $26.04, while Sprott’s posted net asset value (NAV) was $27.20, putting PSLV at roughly a -4.26% discount to NAV—an important metric for investors because the product is a closed-end trust, not a traditional open-ended ETF. Sprott+1 The immediate catalyst: silver’s rapid advance to fresh record territory. Reuters reported spot silver pushing through major psychological levels as rate-cut expectations,