
Silver Slides Near $64.35 Below $65 as Hot PPI Lifts Fed Hike Bets
Silver slides near $64.35 (−4.39%), below $65, as hot PPI lifts Fed hike bets. FedWatch ~70% this stamp, up from about 61% pre-data. DXY ~98.90; 10y ~4.92%.
West Texas Intermediate trades around $89.50 a barrel during Asian hours on Friday as US military escorts through Hormuz stay on the tape.

West Texas Intermediate trades around $89.50 a barrel during Asian hours on Friday. That is the Friday escorts stamp. The same page says US forces escorted 40 commercial vessels carrying roughly 18 million barrels through Hormuz on Tuesday (CNN / two US officials). Escorts are live color on this tape.
A separate Thursday Asian stamp had WTI around $89.60. Later Thursday, WTI hit session highs a few cents below $91.00, almost 10% up on the week. Those Thursday prints are quoted separately from Friday’s $89.50.
The near-$91 page says US Energy Secretary Chris Wright affirmed more than 17 million barrels crossed Hormuz on Monday. Bessent, on the Thursday Asia stamp, also cited 17 million barrels through the strait that day. Kpler traffic monitoring on the same near-$91 page reported only five ships crossing Monday — a sharp drop versus the pre-war average of about 130 ships. Those flow claims are quoted as a dispute.
Hormuz is not reopened. US–Iran hostilities and Israeli threat language still constrain how far oil can fall. EIA commercial crude stocks fell 4.45 million barrels in the last week of August versus a 1.1 million draw expected — inventory color on the near-$91 stamp.
US pump retail diesel at a record $5.85 is the Friday pass-through tape.
Later Friday WTI retreat below $89 is the post-NFP session tape — distinct from this morning escorts note.
Iraq seeking Hormuz oil tankers is a separate Baghdad hiring tape — distinct from this morning escorts note.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
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Silver slides near $64.35 (−4.39%), below $65, as hot PPI lifts Fed hike bets. FedWatch ~70% this stamp, up from about 61% pre-data. DXY ~98.90; 10y ~4.92%.

Gold near $4,368 (−0.75%) as hot PPI keeps Fed hike odds elevated. FedWatch ~64% next-week hike vs Reuters economists’ pause through year-end — both quoted, not averaged. DXY ~98.96; 10y ~4.92%.

Gold slides near $4,346 after an intraday high of $4,434 as hot PPI lifts the dollar, yields and Fed hike pricing. FedWatch ~64% next-week hike vs Reuters economists’ pause through year-end — both quoted, not averaged.