⛏Silver Futures
SILVER
▼ NegativeMonetaryrelevance
Fed's higher-for-longer rate signal and inflation-risk warning drove silver below $65.
Impact on assets 1
Others
Silver price (XAG/USD) dropped 1.75% to near $64.85 during the European trading session on Tuesday, sliding below the $65 mark. The white metal came under severe selling pressure after Federal Reserve officials warned that strong demand, alongside higher oil prices, is fuelling upside inflation risks. That warning reinforced the higher-for-longer interest rate narrative weighing on the precious metal.
Fed's higher-for-longer rate signal and inflation-risk warning drove silver below $65.