SLV ETF (SLV) is trading 3.5% down today as escalating geopolitical tensions between the U.S. and Iran trigger a sell-off in precious metals. While silver often acts as a safe-haven, recent volatility and a strengthening dollar are weighing on the sector as traders reassess risk exposure. - Silver prices face pressure amid broader market uncertainty following recent strikes. - U.S. Dollar strength makes dollar-denominated commodities more expensive for international buyers. - Technical support levels are being tested as momentum shifts bearish.
🔴 SLV ETF (SLV) is trading 3.5% down today as U.S.-Iran tensions pressure silver prices
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