Just now, silver briefly plunged over 6%, retreating from its historic high of $93.61 to $87.45.As a result, silver ETFs were hit hard across the board. $ProShares Ultra Silver(AGQ)$ plunged 8.2% in overnight trading, $iShares Silver Trust(SLV)$ was down more than 6% at one point, while $Abrdn Silver ETF Trust(SIVR)$ and $iShares Silver Trust(SLV)$ followed suit. The lone standout was $Proshares Ultrashort Silver(ZSL)$ , which surged nearly 9% amid the selloff. In a statement released on Wednesday, US President Donald Trump announced that he would temporarily suspend the imposi
Toyota Increases Offer for Toyota Industries Amid Silver Price Drop
Toyota Motor announced a 4% gain in its US-listed shares after agreeing to raise its offer for Toyota Industries to 18,800 yen per share. Concurrently, spot silver prices fell below $90, dropping more than 3% to $89.78 per ounce, impacting silver stocks and ETFs negatively.