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Silver Slides to $65.80 on Fed Hike Odds and Diplomatic Hopes

By Markets Desk · · Updated 2026-09-21 08:08 UTC
A stack of polished silver bars resting on a dark surface
Illustration: Tradingbird

Silver trades near $66.00 as markets weigh a 56.5% chance of further Fed hikes against easing inflation fears driven by Middle East diplomatic hopes and falling oil prices.

  • FXStreet details that silver's recent pullback is also being driven by crude oil declines, as optimism grows over potential diplomatic breakthroughs in the Middle East despite ongoing regional tensions.

    Source: FXStreet

  • Silver trades near $66.00 as markets price in a 56.5% chance of another rate hike. Diplomatic progress in the Middle East eases inflation fears.

    Source: Mitrade
Based on reporting by Mitrade and FXStreet, compiled by the Tradingbird desk.

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