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Explained: Why silver prices have crashed 14% this week to hit a 7-month low

As reported by Markets-Economic Times
Silver has fallen as much as 14% this week, hitting a seven-month low as expectations of US Fed rate cuts fade and bond yields rise. Cooling geopolitical tensions and reduced safe-haven demand have added pressure. The metal is now trading at less than half of its January all-time high levels.
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Silver prices plunged 14% this week, reaching a seven-month low. This significant drop is attributed to fading expectations of US Fed rate cuts, coupled with rising bond yields. Furthermore, cooling geopolitical tensions have diminished the metal's safe-haven appeal,…

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