
Silver Climbs Above $65 on Softer US Inflation and Fed Rate Hike Odds Drop
On August 13, 2026, silver prices rose sharply, reaching $65.64 per ounce, driven primarily by softer US inflation reports that tempered expectations for
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On August 13, 2026, silver prices rose sharply, reaching $65.64 per ounce, driven primarily by softer US inflation reports that tempered expectations for

Gold prices hit a two-month high earlier this week, boosted by July’s cooler U.S. inflation numbers that lowered expectations for Federal Reserve rate hikes.

This week’s inflation reports showed a modest easing in both consumer and producer prices, prompting a rally in U.S. equities and a drop in Treasury yields.

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On August 12, 2026, US markets rallied following July’s Consumer Price Index report that showed inflation steady at a 3.4% annual pace, easing fears of
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