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News 2026-09-10 13:20 UTC

Silver falls 4% to $64.5 an ounce as Fed hike bets rise

Silver tumbled around 4% to $64.5 an ounce on Thursday after stronger-than-expected US producer price data. US PPI rose 0.4% in August and annual producer inflation accelerated to 5.4%, above the 5.3% forecast.