Silver at home and abroad fell sharply during the day. Among them, COMEX silver fell by more than 5% and fell to around 56 US dollars/ounce last night, suppressed by the strengthening of the US dollar index and high US bond yields. The US core CPI for September was higher than market expectations, indicating that inflation stickiness still exists, driving the market to fix the probability that the Fed will raise interest rates in October. The US dollar and US bond yields will rise at the same time, further suppressing the financial attributes of silver. Geographically, the risk of the Houthis attacking Saudi energy facilities and shipping around the Strait of Hormuz still exists. Uncertainty about energy supply supports high oil prices and may further increase subsequent inflationary pressure. At the spot level, internal and external spot markets are still loose, and silver rental interest rates in the London market are running low. Overall, silver's financial attributes are weak, industrial support is limited, and capital popularity is weak.

Silver at home and abroad fell sharply during the day. Among them, COMEX silver fell by more than 5% and fell to around 56 US dollars/ounce last night, suppressed by the strengthening of the US dollar index and high US bond yields. The US core CPI for September was higher than market expectations, indicating that inflation stickiness still exists, driving the market to fix the probability that the Fed will raise interest rates in October. The US dollar and US bond yields will rise at the same time, further suppressing the financial attributes of silver. Geographically, the risk of the Houthis attacking Saudi energy facilities and shipping around the Strait of Hormuz still exists. Uncertainty about energy supply supports high oil prices and may further increase subsequent inflationary pressure. At the spot level, internal and external spot markets are still loose, and silver rental interest rates in the London market are running low. Overall, silver's financial attributes are weak, industrial support is limited, and capital popularity is weak.