Sprott Physical Silver is trading at CA$23.40 (-4.14%) as silver prices weaken amid a stronger U.S. dollar and expectations that interest rates could stay elevated.
- A news report put spot silver down 3.38% as of 8:05 a.m. ET on October 29, consistent with weakness in the underlying metal.
- No clear company-specific announcement explaining the decline was identified; the move appears tied to broader silver-market conditions.