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.

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…

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.

Silver prices fell to around $57/oz, extending a sharp downtrend after breaking support near $70/oz, as hawkish Fed expectations strengthened the dollar and real yields, following…