SLV is trading 4.4% down today as precious metals pull back amid expectations of higher-for-longer interest rates and a broader shift toward risk-off sentiment.
- Investors are increasingly cautious ahead of Thursday’s key PCE inflation report, which is expected to provide further clarity on the Federal Reserve's interest rate path.
- The decline in silver is being compounded by weakness in equity futures, reflecting a broader retreat from risk assets in pre-market trading.