Just wondering why, when Silver has been climbing all day today, Wisdom Tree Core Physical Silver has been going down all day (Currently 2% down).
Similar stories with Gold and Platinum - I thought they usually follow fairly closely behind.
Am I missing something?
Don’t forget that the fund currency also impact the returns, unless the fund is hedged to your currency. (The currency hedge isn’t a 100% protection against currency movements, but is close to 100%.)
Fund currency isn’t the same as price currency. 
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All of these have been volatile recently but especially silver. I think there’s a few things to take account of. The currency is one. Another is the timing. The ETF is traded during the hours the stock market is open (LSE is 0800 to 1630 for example). Silver is traded 24 hours a day. So when things are very volatile, you can have big moves in the silver price happening while the ETF is not trading. When the stock market opens, the ETF “catches up”. Silver futures fell about 15% after the LSE closed (in $ terms), before bouncing back and regaining some of the losses. By the time the LSE closed today, it was still moderately down from the same time the previous day, again in $ terms. This futures chart covering the last couple of days might help illustrate:
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