Silver Prices Dip as Prospects of Early Fed Rate Cuts Diminish The price of silver has experienced a pullback, trading around $25.10, after approaching the upper limit of its long-term range. This correction is likely attributed to adjusted expectations for U.S. interest rates, which are now anticipated to stay higher for an extended period. Given silver’s status as a non-yielding asset, higher interest rates increase the opportunity cost of holding it, especially in light of recent U.S. inflation data indicating persistently high inflation. This scenario postpones the likelihood of the Federal Reserve cutting interest rates, exerting downward pressure on silver prices. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Japan's ¥9.8 Trillion Currency Intervention Defended by Finance Minister READ MORE Gold Finds Support at 50-Day EMA, Eyes Gradual Rebound READ MORE The Elusive Art of Recession Forecasting: Why Economic Indicators Fall Short READ MORE New Russia-Iran Pact Marks Major Step in Global De-Dollarization Efforts READ MORE We Are 'Late In the Game' of Controlled Financial Demolition READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment