Silver cracks $60 as Fed eyes more hikes
Silver price extends losses following gold, after Fed Minutes showed officials expect another rate increase by year-end. XAG/USD trades at $59.69, down over 1.67%.
Original · FXStreet AI summary of public reporting
Why: Fed expects more rate hikes → pressures silver
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Prices since publication
At publication → CurrentSILVER59.70 → 60.75+1.8%