Silver slides to three-month low as oil fuels Fed hike bets: Oct 23, 2026
Silver dropped to a three-month low, with futures described at the lowest level this year, as higher oil prices fueled inflation concerns and intensified bets on Federal Reserve rate hikes. Higher U.S. yields also weighed on the metal, while headlines pointed to Iran tensions and Saudi escalation reviving oil supply risks as part of the backdrop.
Updated
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Headlines (8)
Carried over from earlier days
- Silver at a Decision Point: $58.21 Holds the Key to RecoveryInvesting.com
- Silver price weakens on higher US yields, with Iran tensions limiting downsideFXStreet
- Silver Slides Toward Breakdown Support as Saudi Escalation Revives Oil Supply RisksActionForex
- Gold falls below $4,100, silver drops 3.6% as higher oil prices fuel inflation concernsaa.com.tr
- Silver price today: Silver falls, according to FXStreet dataFXStreet
- Silver plunges 5% to three-month low as Fed rate hike bets intensifyFXStreet
- Gold Falls as Oil Pushes Fed Rate-Hike Bets HigherGoldSilver
- Silver Futures Fall to Lowest This Year as Oil Prices Fuel Inflation RisksThe Wall Street Journal
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, October 23 | ||
| Flash Services PMI | 57.9 | USD |
| Flash Manufacturing PMI | 55.4 | USD |
| Revised UoM Consumer Sentiment | 46.3 | USD |
| Revised UoM Inflation Expectations | USD | |
| Treasury Currency Report | USD | |
| Sunday, October 25 | ||
| Fed Monetary Policy Report | USD | |
| Tuesday, October 27 | ||
| ADP Weekly Employment Change | USD | |
| Durable Goods Orders m/m | 1.6% | USD |