Silver Price Sinks Below $64 as Inflation Fears Intensify
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.