Silver Price Today | Price of Silver Per Ounce | 24 Hour Spot Chart - Kitco

Source: Kitco

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DW NOTE

Silver has fallen 44.2% from its one-year peak while the Strait of Hormuz sits effectively closed and global oil inventories drain at 3.1 million barrels per day. The metal that's supposed to hedge supply shocks is now down more than crude oil itself — which tells you the only thing markets are pricing is the Fed's 3.75% policy rate, not the 17 million barrels per day that used to flow through Hormuz.

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