Silver Price Analysis: XAG/USD tumbles as US inflation boosts Treasury yields

Silver price plunged late in the North American session following a hot inflation report in the United States that sponsored a rise in US Treasury yields, a headwind for the non-yielding metal.
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Forex Today: Dollar regains traction amidst rate cut bets in June

The Greenback extended its auspicious start of the week after US inflation figures came in hotter than expected, reinforcing further the investors’ repricing of a June rate reduction by the Federal Reserve.
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