Gold Research
Silver price falls as stronger US PMI reinforces hawkish Fed expectations
Silver (XAG/USD) trades around $57.20 at the time of writing on Monday, down 0.73% on the day, after a strong US manufacturing report reinforced expectations that the Federal Reserve (Fed) will maintain a restrictive monetary policy.
Silver (XAG/USD) trades around $57.20 at the time of writing on Monday, down 0.73% on the day, after a strong US manufacturing report reinforced expectations that the Federal Reserve (Fed) will maintain a restrictive monetary policy.
Gold impact rationale
Rising rate-hike or hawkish expectations increase gold's opportunity cost.
- Source: FXStreet news
- 2026-08-03
- rates
Topics: gold news, gold price impact, rates