Silver Slides to $65.06 as Fed Hawkish Pivot Fuels Fresh Selling

Silver extended losses through June 19, falling to $65.06 after the Fed’s June 17 hawkish shift removed its easing bias and lifted the 2026 fed-funds median to 3.8%. The metal had briefly reclaimed the 200-day EMA near $68.90 and tested $71.56 before renewed selling pressure took hold amid rising Treasury yields and a stronger dollar. Technical support now sits at $61.50-$60.00, while resistance remains firm near $70 amid thin holiday trading.