🔴 Silver is trading 3.12% down today amid renewed Fed rate-hike expectations

Silver is trading 3.12% down at $63.16 as renewed expectations for a Federal Reserve rate hike on September 15–16 pressure precious metals.

• Broader risk-off trading, higher Treasury yields, U.S.-dollar concerns and geopolitical oil-supply worries are weighing on non-yielding metals.
• The S&P 500 is down 0.77%, while the Nasdaq Composite is down 1.79%, reinforcing a global macro-driven move.
• Recent coverage also links silver weakness to inflation data and higher-rate expectations.