Today: 29 June 2026
Browse Category

NYSE:EXK 28 December 2025 - 20 March 2026

Silver Price Today Slides Near $69 as Fed Hike Bets Bite, Silver Stocks Sink

Silver Price Today Slides Near $69 as Fed Hike Bets Bite, Silver Stocks Sink

Silver sank 4.8% to $69.39 an ounce by 2:14 p.m. ET on Friday, tracking toward a weekly loss as both the dollar and Treasury yields strengthened after Reuters said Washington was sending more troops to the Middle East. Gold dropped 1.8%, platinum declined 0.9%, and palladium slipped 1.6%. Independent metals trader Tai Wong described gold and silver as getting pulled down while markets navigated their “usual wall of worry,” cautioning that “a bumpy ride” could lie ahead. This matters: the correction is intensifying right as investors abandon hopes for old-school rate cuts. Markets are currently pricing in about a 75% chance the Fed raises rates by September, and the probability of a hike in July is now better than even. Silver, similar to gold, pays no interest—so rising yields and rates typically hit it hard.
Rare Metals Stocks Outlook: Silver’s Record Run, Lithium Demand Warning, and Rare Earth Supply Chains in Focus Before Monday’s Open

Rare Metals Stocks Outlook: Silver’s Record Run, Lithium Demand Warning, and Rare Earth Supply Chains in Focus Before Monday’s Open

NEW YORK, Dec. 28, 2025, 12:42 PM ET — Market Closed U.S. equity markets are closed Sunday, leaving investors in rare metals stocks—from rare earths and graphite to lithium, antimony, silver, and platinum group metals—to digest a headline-heavy stretch that reshaped the near-term setup for the next trading session.

Stock Market Today

  • Freshworks (FRSH) Gains 3.6% as Traders Eye Buyback and Heavy Volume
    June 29, 2026, 3:54 PM EDT. Shares of Freshworks Inc. (NASDAQ:FRSH) added 3.6% to $10.205 on June 29, pushed up by trading volume almost triple the 65-day average. Market cap is at $2.89 billion, with $780.4 million in cash and equivalents. That puts cash-adjusted valuation near 2.2x the midpoint of 2026 revenue guidance at $961 million. The company has cleared a $400 million buyback, or around 14% of its market cap, as management views shares as undervalued. Even after dropping 16.7% for the year and 31.6% in 12 months, shares are getting attention again after the recent move and buyback news. CEO Dennis Woodside said AI-led efficiency was behind 11% workforce cuts. In Q1, revenue increased 16% to $228.6 million, adjusted free cash flow was $55.8 million, and operating margin slipped to 17.9%.
Go toTop