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Commodities

Silver Price Sinks Below $64 as Inflation Fears Intensify

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Silver
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The silver price (XAG/USD) continued its downward trend for the second consecutive day, hovering around $63.40 per troy ounce during Asian trading hours on Wednesday.

This decline in silver prices coincides with a global bond selloff that has pushed the US 10-year Treasury yield to 4.80%, its highest level since early 2025.

The surge in yields has reignited market anxieties about stubborn inflation and potential further interest rate increases.

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