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Commodities

Silver Prices Slump Amid Inflation Fears and Rising Geopolitical Tensions

Guavy AI Editorial Team
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Silver
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Silver prices have fallen below $60.50 amid rising inflation concerns driven by fears of a deteriorating conflict between the US and Iran.

The strong US dollar, climbing Treasury yields, and hawkish Fed comments have put additional selling pressure on Silver.

Traders are awaiting the release of the September Nonfarm Payrolls data for signals regarding the future direction of Federal Reserve monetary policy.

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