Movement Alert｜iShares Silver ETF Falls 5.01% in Pre-Market Trading, Spot Silver Plunges 4% as Global Risk-Off Sentiment Intensifies

On June 23, iShares Silver ETF (SLV) fell 5.01% in pre-market trading, trading at $56.06/share, with turnover of $5.03 million.

On the news front, the decline was directly driven by a sharp drop in spot silver prices, which plunged approximately 4% and broke below the key $63/oz level. Spot gold also fell over 1%, putting the entire precious metals sector under broad pressure. Global financial markets saw a significant rise in risk-off sentiment, with Asian and European/US equity markets declining broadly and technology stocks experiencing notable selling as capital fled risk assets. Market participants were also monitoring uncertainties surrounding US-Iran peace negotiations and awaiting key US economic data releases to assess the inflation outlook.

Sector linkage effects were pronounced. Among Hong Kong-listed precious metals stocks, Jiangxi Copper fell over 10%, Zijin Gold International dropped over 7%, and Zijin Mining declined 6%. Among US-listed peers, First Majestic Silver fell 3% and Newmont Mining lost 2%.

The Trust seeks to reflect the performance of silver prices before payment of expenses and liabilities. It is not actively managed and does not engage in activities designed to profit from or ameliorate losses caused by changes in the price of silver.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)