NEW YORK, Jan 8, 2026, 13:51 (EST) — Regular session

• iShares Silver Trust (SLV) slid about 3.5% in midday trade, tracking a broad pullback in silver-linked assets
• Traders pointed to commodity index rebalancing flows and a firmer dollar ahead of Friday’s U.S. payrolls report
• Silver miners were down modestly, lagging the move in the metal-tracking ETFs

Shares of iShares Silver Trust fell 3.5% to $68.50, extending a slide in silver-linked assets as the metal came under fresh selling pressure. Peer ETF abrdn Physical Silver Shares (SIVR) dropped 3.4%, while silver miners First Majestic Silver, Pan American Silver and Wheaton Precious Metals were down between 0.4% and 1.0%.

The timing matters. A mechanical…