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Explained: Why silver prices have crashed 14% this week to hit a 7-month low
Silver has fallen as much as 14% this week, hitting a seven-month low as expectations of US Fed rate cuts fade and bond yields rise. Cooling geopolitical tensions and reduced safe-haven demand have added pressure. The metal is now trading at less than half of its January all-time high levels.
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economictimes.indiatimes.com
Explained: Why silver prices have crashed 14% this week to hit a 7-month low
Silver has fallen as much as 14% this week, hitting a seven-month low as expectations of US Fed rate cuts fade and bond yields rise. Cooling geopolitical tensions and reduced…
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riotimesonline.com
Silver Leads a Metals Selloff as a Strong Dollar Bites
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.
