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Silver Tumbles Below $82 as Fed Rate Hike Bets Intensify on Hot Inflation Data

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The Story

News Summary

  • Silver fell below $82/oz in a second consecutive decline as US inflation accelerated to 2022 highs, prompting markets to price out Fed rate cuts and bet on potential December hikes.
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XAGUSD price history

63.85 -27.52% over the displayed period

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