🔴 SLV is trading 7.6% down today on hot PPI data and hawkish Fed guidance

SLV is trading 7.6% down today as hotter-than-expected inflation data and a hawkish Federal Reserve outlook weigh on precious metals.

• February PPI rose 0.7% against a 0.3% forecast, driving 10-year Treasury yields to 4.224% and pressuring non-yielding assets like silver.
• The Fed maintained interest rates at 3.50%–3.75% with guidance for only one cut in 2026, while Middle East oil shocks further dampened sentiment in risk-off markets.