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fxJun 23, 2026, 1:41 AM

Silver dips to $64.50 as hawkish Fed pressures prices

Silver (XAG/USD) fell over 1% on Tuesday, trading near $64.50, as a hawkish Federal Reserve outlook weighed on the non-yielding metal.

XAGUSD

Silver (XAG/USD) extended losses during Asian hours on Tuesday, slipping more than 1% to around $64.50 per troy ounce. The decline follows modest gains in the previous session.

The precious metal remains under pressure as the Federal Reserve maintains a hawkish policy stance, which diminishes the appeal of non-yielding assets like silver.

Source: FXStreet Forex News