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Silver (XAGUSD) Tumbles to $75.7 as Fed Rate Hike Bets Rise Amid Oil-Driven Inflation

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The Story

News Summary

  • Silver prices fell to $75.7/oz amid inflation concerns from elevated oil prices and expectations of US rate hikes.
  • Oil remained near four-year highs due to US-Iran negotiation uncertainties, with Fed officials signaling potential rate increases.
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XAGUSD price history

65.11 -30.89% over the displayed period

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