Silver is trading 4.02% down now at $57.13, as investors awaited the September U.S. CPI report and hawkish Federal Reserve comments reinforced expectations for tighter policy.
- Shanghai Metals Market reported cautious trading, saying hawkish expectations continued to weigh on precious metals.
- The move appears tied to sector-wide macro pressure, not a Silver-specific announcement. Broader U.S. equity declines were modest and do not independently explain the sharp move; reporting points more directly to inflation and rate concerns.