Stock Track | ProShares Ultra Silver Plunges 5.07% in Pre-Market as US-Iran Ceasefire Dents Silver Prices

Stock Track

4小时前

ProShares Ultra Silver (AGQ) experienced a sharp pre-market plunge of 5.07% on Wednesday, reflecting heightened volatility in the leveraged silver ETF.

The decline is attributed to a reported preliminary draft agreement between Iran and the United States, committing to a comprehensive 60-day ceasefire across all fronts. This geopolitical development triggered a broad sell-off in precious metals, with spot silver prices falling over 2.5%. As a fund designed to deliver twice the daily performance of silver, AGQ's value is highly sensitive to such moves in the underlying commodity.

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