On September 11, iShares Silver Trust declined 5.09% in regular trading, trading at $57.63/share, with turnover of $962 million. The sharp selloff came after a key U.S. inflation gauge jumped at its quickest pace in three months, intensifying expectations that the Federal Reserve will proceed with a rate hike at its September meeting.

The hotter-than-expected inflation reading sent broad-market ETFs lower, with the Invesco QQQ Trust falling 0.9%. Silver bore disproportionate losses compared to gold due to its dual sensitivity: roughly 60% of silver demand comes from industrial applications such as photovoltaic and electronics, meaning rate hikes simultaneously pressure silver through both rising real yields and weakening industrial demand expectations. Gold, by contrast, is cushioned by central bank buying and safe-haven flows.

Additionally, silver's smaller market capitalization and higher speculative leverage amplify price swings during risk-off episodes, as concentrated selling triggers stop-loss cascades. CME FedWatch data had previously shown a roughly 60% probability of a September 25-basis-point hike, and the fresh inflation print likely pushed that figure higher, reinforcing downward pressure on non-yielding assets.

iShares Silver Trust seeks to reflect the performance of silver prices before expenses. It is not actively managed and does not engage in activities designed to obtain profit from, or ameliorate losses caused by, changes in the price of silver.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)