PSLV stock price tumbles 27% as silver plunges from record highs, with Monday in focus
New York, Feb 1, 2026, 05:46 EST — Market closed
Sprott Physical Silver Trust (PSLV) plunged 27.2% to close Friday at $26.41, dragged down by a sharp sell-off in silver that battered bullion-backed funds. Trading volume surged, with over 82 million units changing hands, data show. (Investing)
The trust is a closed-end fund that owns physical silver bars, and its units can trade at a premium or discount to the metal’s actual value. According to Sprott’s latest data, the net asset value per unit stands at $29.15. That puts PSLV roughly 9.4% below its NAV, with the market price trailing the worth of its silver holdings. (Sprott)
Silver took a sharp tumble. Spot silver plunged 27.7% to $83.99 an ounce late Friday,…
