Silver is trading now at $64.98, down -3.00%, as higher Treasury yields, a firmer U.S. dollar, and increased expectations for a September Federal Reserve rate hike pressure non-yielding precious metals.
- A global bond selloff and rising oil prices added to macro pressure, outweighing geopolitical safe-haven demand.
- The decline aligns with broader September 1 risk-off sentiment and follows Silver’s recent losses.