Silver price down 1% to near $63.80
Silver price is down 1% to near $63.80 during the Asian trading session on Friday.
The white metal faces selling pressure due to global energy supply disruption.
Oil prices are higher, boosting inflation expectations and prompting fears of interest rate hikes, which negatively affects non-yielding assets like silver.
The WTI Oil price trades flat at around $80.45, with supply concerns expected to keep the downside limited.