Silver price slumps hit SLV ETF and silver miner stocks as traders brace for US jobs data
New York, January 7, 2026, 17:33 EST — After-hours
- iShares Silver Trust (SLV) fell about 3.7% after the bell, tracking a sharp drop in spot silver.
- Silver miners including First Majestic, Pan American and Hecla also slid, amplifying the metal’s move.
- Focus turns to Friday’s U.S. payrolls report and near-term commodity index rebalancing flows.
The iShares Silver Trust (SLV), a closely watched proxy for the silver price, fell about 3.7% in after-hours trading on Wednesday as silver pulled back, dragging U.S.-listed silver miners lower.
The setback matters because silver’s rally has been a crowded trade and the instruments tied closest to spot prices tend to swing hardest when positioning shifts. When the…
