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Silver fell more than 2% to around $71.20 an ounce after the Fed held rates at 3.50%-3.75% in an 8-4 vote. Stronger dollar and rising Treasury yields weighed on the metal.
Silver's decline reflects the dollar and rate-driven pressure on non-yielding metals, which has little direct effect on feed-ingredient supply or demand. The Fed's hawkish tilt supports a firmer dollar that weighs on dollar-priced commodities more broadly.
fxstreet.comVishal ChaturvediApr 29, 2026After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
