🔴 Silver is trading 3.1% down today as hawkish Fed signals no rate cuts for 2026

Silver is trading 3.1% down at $68.50 following a sharp pullback after the Federal Reserve’s June 17 policy decision.

• The central bank signaled a higher-for-longer rate outlook with no rate cuts projected for 2026, which pushed U.S. Treasury yields and the dollar higher.
• The hawkish monetary environment is pressuring precious metals broadly as investors reassess the appeal of non-yielding safe-haven assets.