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fxJun 19, 2026, 3:13 AM

Silver Falls to $64.40 as Fed Rate Hike Odds Weigh

Silver price extended losses for a third day, trading near $64.40 per ounce on Friday, pressured by expectations of further Federal Reserve rate hikes.

XAGUSD

Silver (XAG/USD) continued its decline for a third consecutive session, trading around $64.40 per troy ounce during Asian hours on Friday. The precious metal faced headwinds as market participants priced in a more hawkish stance from the Federal Reserve.

The prospect of higher interest rates increases the opportunity cost of holding non-yielding assets like silver, weighing on demand. No additional details have been released beyond the current price action.

Source: FXStreet Forex News