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iShares Silver Trust Slides Wednesday: What's Happening?
Source: benzinga.com
Commodities & Raw MaterialsInterest Rates & YieldsMonetary PolicyCurrency & FX
iShares Silver Trust shares fell Wednesday as physical silver prices came under pressure from a stronger U.S. dollar, elevated Treasury yields and hawkish Federal Reserve commentary. Higher rates and dollar strength reduce the relative appeal of non-yielding precious metals, creating a near-term headwind for SLV.
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