Why Is Silver Down 4% Today, 5/19/26?
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Silver (XAGUSD) has dropped over 4% due to rising yields and increased likelihood of prolonged high interest rates. The opportunity cost of holding silver rises as it does not yield interest, making it less appealing compared to Treasuries. A stronger U.S. Dollar Index also impacts silver's attractiveness for foreign buyers. Despite being a hedge against inflation, expectations of rate cuts have diminished, negatively affecting silver's performance, which has fallen to $74 per ounce, down 15% in five days.
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