⛏Silver Futures
SILVER
▼ NegativeMonetaryrelevance
Renewed US-Iran fighting revived energy-driven inflation concerns, reinforcing expectations of a Fed rate hike, which is negative for silver.
Silver attracted sellers on Monday after renewed fighting between the United States and Iran over the weekend revived energy-driven inflation concerns and reinforced expectations of a Federal Reserve interest rate hike later this year.
Renewed US-Iran fighting revived energy-driven inflation concerns, reinforcing expectations of a Fed rate hike, which is negative for silver.