Spot silver slid 9.4% to $76.37 a troy ounce as of 12:01 p.m. EST, according to market data, swinging between a session low of $74.97 and a peak at $84.98.
Sprott Physical Silver Trust climbed about 10.3% to $28.46 in late-morning trading on Tuesday, as a rebound in silver pulled the physically backed product higher. About 13.0 million units had traded, and the fund is listed on NYSE Arca.
Sprott Physical Silver Trust plunged 27.2% to close Friday at $26.41, dragged down by a sharp sell-off in silver that battered bullion-backed funds. Trading volume surged, with over 82 million units changing hands, data show.
Shares of Sprott Physical Silver Trust plunged 27.2% to close at $26.41 on Friday, following a steep drop in silver-related assets. In after-hours trading, the trust was last seen at about $27.13.
Sprott Physical Silver Trust jumped Monday, boosted by a strong silver rally that pulled new money into metal-backed ETFs. PSLV gained $4.35, about 13.1%, reaching $37.57 in midday trading in New York.
Silver prices edged closer to $100 per ounce in early New York trading on Friday. Spot silver climbed roughly 3.4% to $99.46 an ounce, with March silver futures on the COMEX trading near $99.61.
Spot silver — cash metal for immediate delivery — broke above $90 an ounce for the first time on Wednesday, putting silver-price-linked stocks on watch ahead of the U.S. open.
Sprott Physical Silver Trust shares jumped on Monday, following a surge in silver prices that pushed the metal to fresh highs. By 11:15 a.m. ET, PSLV had risen 6.8% to $28.26.
Shares of iShares Silver Trust, the silver-backed ETF known by the ticker SLV, jumped 3.8% to $72.38 in premarket action Monday. On Friday, the fund closed at $69.71.
Sprott Physical Silver Trust last closed down 6.2% at $23.65 on Wednesday, a steep drop that left the silver-linked fund under pressure going into the New Year. U.S. stock markets were closed on Thursday for the holiday and are due to reopen on Friday. StockAnalysis
Shares of Sprott Physical Silver Trust slid 6.23% to $23.65 in the last U.S. session on Dec. 31, with more than 32 million shares changing hands. U.S. equity markets are closed on Thursday for New Year’s Day. StockAnalysis+1
Shares of iShares Silver Trust, a popular proxy for the metal, fell about 6% on Wednesday, tracking a sharp drop in silver prices on the final trading day of 2025.
Sprott Physical Silver Trust rose 4.4% to $25.33 in late-morning trade on Tuesday, after swinging between $24.58 and $25.45. The trust’s U.S.-listed units were up $1.06 from Monday’s close, with volume around 9.8 million shares.
Units of Sprott Physical Silver Trust ended down 6.8% at $24.27 in the latest session, tracking a sharp pullback in silver after its recent run to records.
Units of Sprott Physical Silver Trust fell 7.6% to $24.05 in afternoon trading on Monday, tracking a sharp pullback in silver. The units swung between $25.32 and $23.41, with volume above 26 million.
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
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