Silver Prices Drop Amid Rising Rate-Hike Expectations
On Monday, September 14, 2026, silver prices fell as traders anticipated a potential Federal Reserve rate hike later in the week. Silver futures opened at $64.79 per ounce, down 0.6% from Friday's close and reaching intraday lows of $63.35 earlier that morning. The decline followed continued geopolitical tensions in the Middle East, including attacks on Saudi infrastructure over the weekend. The likelihood of a rate increase rose to 86.5%, according to CME Group’s FedWatch tool, up from 69.4% just two days prior. Higher interest rates typically weigh on silver prices due to increased opportunity costs for holding non-yielding assets like precious metals. The ongoing conflict with Iran has also strained global oil markets and heightened inflation concerns. Silver's year-over-year price growth stood at +55.7%, though it had declined by 2.6% from one week ago, reflecting recent volatility in the market.
Topics: commodities geopolitical_conflicts interest_rates silver