Silver Bullion: This Is Why Silver Prices Are Getting Smoked

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Silver Prices Getting Smoked on Monday
Silver prices plunged Monday as a stronger U.S. dollar and worries of looming interest rate hikes sparked a major sell-off across the commodities space.

On Friday, New York Federal Reserve President William Dudley said the central bank might still raise interest rates later this year. In an interview with The New York Times, Dudley said two rate hikes remain a “reasonable expectation” despite signs of a slowdown in the labor market. (Source: “.

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