Silver is trading 3.93% down at $67.48 after Federal Reserve Chair Kevin Warsh signaled a hawkish stance on inflation during his August 28, 2026, Jackson Hole speech.
- His comments offered less forward guidance and increased uncertainty around future rate hikes, pressuring non-yielding precious metals.
- Investors had already been positioning cautiously ahead of the address, with Silver sensitive to interest-rate expectations.
- Broader U.S. markets were subdued, but Federal Reserve communication appears the clearest catalyst for Silver’s decline.