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Silver Sinks Toward $63 as Middle East Pipeline Attacks Spark Fed Rate Hike Fears

Yahoo Personal Finance Read original source (opens in a new tab)
The Story

News Summary

  • A Middle East escalation and damage to a key Saudi oil pipeline pushed global oil prices higher, driving Fed rate hike odds to 86.5%.
  • As higher rate expectations strengthened, silver futures tumbled toward $63.35, facing downward pressure from monetary tightening prospects.
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102.35 +57.66% over the displayed period

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