Silver Price Today Slips Toward $66 as Rate Fears Outweigh Safe-Haven Demand
Spot silver gave up ground on Tuesday, sliding toward $66.80 an ounce after briefly bouncing the previous day. Fresh wagers that elevated energy prices will sustain higher borrowing costs weighed on the metal. Early in the session, prices hovered around $66.50. By 0820 GMT, spot silver had dropped 3.4% to $66.80.