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Commodity News Details
Silver slides below $50 amid renewed rate-cut hopes
24-Nov-2025 12:32
Silver drifted below $50 per ounce on Monday, extending its decline as dovish remarks from New York Fed President John Williams strengthened expectations of a potential rate cut next month. Williams stressed rising labor-market fragility, while Boston Fed President Susan Collins maintained a cautious, undecided stance, highlighting a clear policy divide. The dollar index held firmly above 100, hovering near a six-month high, adding further pressure on the metal as investors reassessed the Fed's trajectory. After repeatedly testing record levels since October, silver faced intensified profit-taking, with traders adopting a more guarded tone ahead of key US data including retail sales, producer inflation and jobless claims later this week.

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