Silver prices dropped 1.5% to two-month lows as rising US Treasury yields and hawkish Federal Reserve expectations weigh on the non-yielding asset.
Silver is experiencing downward pressure, falling over 1.5% as market participants adjust to a more hawkish Federal Reserve outlook. The rise in US Treasury yields has diminished the appeal of non-yielding assets like silver, leading to a decline toward two-month lows.
Silver is declining due to hawkish Fed expectations and higher Treasury yields, which make non-yielding assets less attractive to investors.
The asset is trading on the back foot, down more than 1.5% and approaching two-month lows.
Silver prices retreated over 1.5% on Tuesday, hitting two-month lows as market participants recalibrated expectations for Federal Reserve policy. Elevated US Treasury yields continue to pressure the non-yielding precious metal, dampening investor appetite amid a broader shift in monetary policy sentiment.
Silver is declining due to a combination of elevated US Treasury yields and hawkish expectations regarding Federal Reserve interest rate policy, which makes non-yielding assets less attractive to investors.