SIVR is trading at $49.82, down 3.43% in pre-market, as weakness in silver weighs on the fund.
- Overnight, COMEX silver fell 0.87%, while Shanghai silver dropped 1.53%.
- Reporting points to selling pressure in silver and a cautious market after the Fed decision, with elevated long-term yields weighing on the metal.
- No SIVR-specific announcement was identified; broader risk sentiment was mixed.