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fxJun 10, 2026, 3:46 PM

Silver Falls Toward Two-Month Low as Fed Hike Bets Pressure XAG/USD

Silver (XAG/USD) dropped to around $64.70, down 1.02%, approaching a two-month low amid rising expectations of further Federal Reserve rate hikes.

XAGUSD

Silver extended its decline on Wednesday, falling 1.02% to trade near $64.70, the lowest level in two months.

The pressure comes as growing bets on additional Federal Reserve tightening boost the US dollar and weigh on precious metals. Higher interest rates increase the opportunity cost of holding non-yielding assets like silver.

Source: FXStreet Forex News