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Silver tumbled 4% to $64.5 per ounce following hotter-than-expected US producer price data. Annual PPI rose to 5.4%, fueling market expectations of a Federal Reserve interest rate hike next week and …
Silver dropped toward $64 after falling 4% amid rising global bond yields and surging oil prices. Markets are now pricing in a 70% chance of an imminent Federal Reserve interest rate hike, dampening …
Citi forecasts silver to surge toward $75 near term and reach $90 within 6 to 12 months. Bullish factors include strong investment flows, rising Indian demand, and a persistent structural market defi…