Silver is trading at $60.04 (2.7% down) amid ongoing pressure from interest rate concerns and a broader shift toward risk-off sentiment.
- Recent commentary from Bank of America and other institutions highlighting multiple expected Federal Reserve rate hikes in 2026 has weighed heavily on non-yielding precious metals.
- The metal is extending a multi-day slide, following a significant tumble of over 5% on June 23, 2026.