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Silver Slides as Rising Oil Prices Fuel Fed Rate Hike Fears

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

News Summary

  • Silver prices slide toward $65 per ounce as expectations for Federal Reserve interest rate hikes increase.
  • Rising oil prices driven by escalating Middle East tensions between the U.S.
  • and Iran have heightened inflation concerns, limiting upside momentum for non-yielding precious metals like silver.
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BRENT price history

108.62 +67.31% over the displayed period

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