March 16, 2026 Spot Silver Evening Analysis
Silver performed weaker than gold today, plunging right at the open. International silver prices dropped sharply from above $80, touching near $77 at the lowest, with a slight rebound in the evening, oscillating in the $78-80 range. Shanghai silver fell in sync, with clear bearish dominance throughout the day.
First, the Federal Reserve has a rate decision meeting this week, and the market believes rate cuts will be postponed. The US dollar and US Treasury yields strengthened, weighing heavily on silver. Second, prices surged too much in the previous
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