Today: 29 June 2026
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NYSE:PSLV 29 December 2025 - 12 February 2026

Silver tumbles from $80 record as SLV, PSLV traders brace for more swings

Silver tumbles from $80 record as SLV, PSLV traders brace for more swings

Silver fell sharply on Monday after touching a record above $80 an ounce, a reversal that rippled through popular silver-backed products such as BlackRock’s iShares Silver Trust and Sprott’s Physical Silver Trust. Reuters+2BlackRock+2 The pullback matters because silver’s surge has turned the metal into one of 2025’s standout trades, pulling in investors who want liquid exposure through exchange-traded products instead of dealing with coins, bars or futures contracts. Reuters+1
Silver ETFs slide as silver retreats from $83 record, rattling late-year buyers

Silver ETFs slide as silver retreats from $83 record, rattling late-year buyers

Silver-backed funds slid on Monday after the metal reversed from fresh records. iShares Silver Trust fell to about $65 and Sprott Physical Silver Trust traded below $24, each down about 8% by 10:18 a.m. ET, according to market data. Reuters The move matters because silver’s surge has pulled more investors into exchange-traded vehicles that track bullion, compressing the trade into products that can swing sharply when the metal turns. SLV and PSLV are among the most widely used U.S.-listed routes for silver exposure without storing bars. BlackRock+1

Stock Market Today

  • Semiconductor stocks jump over 80% as 'Magnificent Seven' drops into correction
    June 29, 2026, 3:52 PM EDT. Semiconductor stocks are up more than 80% in 2024, pushed higher by demand for artificial intelligence tied to the 'Magnificent Seven' tech group. The same seven big tech names, which are leading on AI spending, are now in correction territory after falling at least 10% off recent peaks. Chipmakers keep rising even as their biggest customers slip, and some analysts warn about market stability and how long the rally can last.
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