Silver is trading 3.2% down at $55.60 as a strengthening U.S. dollar and rising interest-rate expectations weigh on the metal's appeal.

  • The slide follows a week of sharp volatility and repeated pullbacks from recent highs, driven largely by profit-taking after prior rallies.
  • Higher rate forecasts continue to reduce demand for non-yielding precious metals, offsetting safe-haven buying typically sparked by geopolitical tensions.