Silver Falls Amid Dollar Rebound and Rising Oil Prices

Silver prices dropped more than 1.5% in the European market on Tuesday, falling from their highest level in nearly a week and heading for their first loss in three days.

The decline was attributed to a rebound in the US dollar and rising oil prices, which were driven by fears of renewed military tensions between the United States and Iran.

Markets are awaiting the minutes of the Federal Reserve's latest meeting on Wednesday, which are expected to provide important clues about the likelihood of further US interest rate hikes during the remainder of this year.