Sprott Physical Silver Trust (PSLV) Stock: Silver Hits a Fresh Record on Dec. 22, 2025 — Latest News, NAV Discount, and 2026 Forecasts
December 22, 2025 — Sprott Physical Silver Trust (NYSE Arca: PSLV) is back in the spotlight as silver prices surged to a new all‑time high in Monday trading, extending what has already been a generational year for precious metals. Reuters PSLV isn’t a miner, and it isn’t a “silver story stock” in the usual sense. It’s a direct way to hold exposure to physical silver bullion through a listed security—so when silver rips higher (or snaps lower), PSLV tends to move right along with it, plus or minus one extra twist: it can trade at a premium or discount to