🔴 SIVR is trading 4.3% down as hawkish Fed outlook pressures silver

SIVR is trading at $49.44, down 4.24%, as silver prices weaken.

• Overnight COMEX silver fell 0.87%, while Shanghai silver dropped 1.53%.
• The Fed held rates at 3.75%–4.00%; two officials favored a hike, and market reports describe fresh selling pressure in silver.
• Reports cite a stronger dollar and expectations that rates may stay elevated for longer as weighing on silver. No SIVR-specific company announcement was identified.