🔴 Silver is trading 2.8% down today, hitting a six-month low on Fed rate hike fears ahead of PCE data

Silver is trading 2.8% down at $56.45 today, hitting its lowest point in six months as traders focus on potential Fed rate hikes ahead of the PCE inflation release.

• The move extends a multi-day slide driven by macro and rates sentiment rather than specific company news.
• Silver is trading lower alongside broader precious-metals weakness, with lower Treasury yields and a weaker dollar only partly offsetting the decline.
• Market participants remain cautious as they weigh the impact of future monetary policy on non-yielding assets.