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 Goldman Sachs Sees Bearish Outlook from OPEC Meeting READ MORE Struggling Gen X: Drowning in Debt Amid Struggling Economy READ MORE Could Trump's Policies Strengthen Dollar? Experts are Split READ MORE Gold’s Behaviour Points to Sustained Strong Demand READ MORE The Commodities Feed: China Buys More Gold in February READ MORE Add a Comment Cancel replyYour email address will not be published.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