Silver Plummets Below $67 as West Asia Tensions Escalate, Iran Rejects Talks

• Silver prices dropped below $67 per ounce on Tuesday, marking another decline.
• Growing global tensions, particularly in West Asia, are pressuring the market and making investors cautious.
• Iran has denied talks with the US and confirmed new attacks on American bases, while Israel's military actions continue.
• Experts predict continued volatility due to Strait of Hormuz uncertainty and threats to global energy supply, potentially leading to higher inflation.
• Rising interest rates make non-interest-bearing assets like silver less attractive, contributing to its price fall; silver is down 37% from its March peak.