Silver prices fall 3.5% to near $55.75 amid a rebound in the US Dollar and stable Treasury yields.
Silver (XAG/USD) declined 3.5% to $55.75 on Thursday as the US Dollar rebounded and US Treasury yields stabilized. The move follows a two-day drop in yields after softer-than-expected US inflation data earlier in the week.
Prior to the decline, silver had shown resilience near $57 before sellers regained control. The stabilization of Treasury yields and a firmer Dollar reduced demand for non-yielding assets like silver.
Market focus remains on macroeconomic data and Federal Reserve policy signals, which continue to drive volatility in precious metals.