Silver tumbled 3% to 56.47 on June 25—its lowest in months—as a 13-month-high dollar and rising rate-hike bets punish income-free metals. Gold held near 4,024.
Key Facts
Silver tumbled about 3% to 56.47 on June 25 — its lowest since late last year, leading the metals down.
Gold held near 4,024 — easing only slightly, hovering around the 4,000 mark.
A 13-month-high dollar is the weight — firming US rate-hike bets are punishing income-free metals.
The metals decoupled from stocks — soft inflation lifted equities, but gold and silver fell with the strong dollar.
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