Silver prices today, Thursday, October 29, 2026: Silver prices steady following no rate change from the Fed - Yahoo Finance
Silver prices today, Thursday, October 29, 2026: Silver prices steady following no rate change from the Fed - Yahoo Finance
Source: Yahoo Finance
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DW NOTE
The Fed held rates while the Strait of Hormuz is effectively closed and oil is up 71% year-over-year. Silver fell 53% from its peak despite energy supply shocks that would normally lift inflation hedges. Either traders believe the energy shock is transient, or they're liquidating precious metals to cover margin calls elsewhere.