PSLV.TO is trading 4.8% down at CA$26.32 today, extending a multi-day decline from above CA$31 despite a lack of company-specific news.

  • The move follows a sharp slide of more than 5% in the previous session, marking a significant retreat for the physical silver trust.
  • As a closed-end vehicle, the trust's performance typically tracks broader silver prices and precious-metals sentiment, which remain the primary drivers of the current downside.