Silver (XAG/USD) fell below the $65 per ounce mark, extending an earlier decline that had taken the metal to about $66.063, as markets priced a longer stretch of restrictive Federal Reserve policy. Hawkish comments from Fed officials and solid U.S. economic data lifted Treasury yields and the dollar, making dollar-priced silver costlier for overseas buyers and weighing on non-yielding precious metals. Gold also faced selling pressure, though silver’s higher volatility and industrial-demand component left it harder hit. After trading roughly between $68 and $72 over the prior month, silver’s break under $65 shifts focus to support near $63, with resistance now around the former psychological floor at $65. Industrial use in solar panels and electronics remains a longer-term demand anchor, but worries about a global slowdown under sustained high rates have tempered consumption expectations. Investors are watching upcoming U.S. inflation and employment data for clues on the Fed’s next steps.