🔴 SLV is trading 7.2% down today on hot PPI data and hawkish Fed guidance

SLV is trading 7.2% down today following hotter-than-expected February PPI data and hawkish guidance from the Federal Reserve.

• February PPI rose 0.7% versus a 0.3% forecast, fueling inflation fears and pushing 10-year Treasury yields to 4.224%, which pressures non-yielding precious metals.
• The Fed held interest rates at 3.50%–3.75% with hawkish guidance for just one 2026 cut, further dampening the outlook for silver.
• An ongoing Middle East energy crisis has added to the selling pressure, contributing to the sharp decline in the commodities market.