Silver Price Tumbles as Fed Holds Rates; Dip Buyers Get Mixed Signals
Spot silver fell 10.7% to $67.26 an ounce Thursday, deepening losses after the Federal Reserve held rates steady and oil prices climbed. The drop followed a 4.2% slide Wednesday as the Fed signaled only one rate cut this year and a stronger dollar hit demand. Retail investors had poured nearly $922 million into silver ETFs in January. The Silver Institute expects a sixth consecutive annual supply deficit in 2026.
