
Silver Price Forecast Cracks as Fed Bets Hit $57 Low
Silver is stuck near $57 after a 12% plunge as Fed hike bets and PCE inflation turn XAG/USD into a rates trade.
Jun 25, 20266 min read0 reactions0 comments
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Silver is stuck near $57 after a 12% plunge as Fed hike bets and PCE inflation turn XAG/USD into a rates trade.
April PCE inflation surged to 3.8%, the highest reading since May 2023, signaling potential for extended Federal Reserve hawkishness that could pressure digital assets.