The price of silver was a touch lower on the day despite a strong rally in the US dollar. Equities sold off and bond yields lifted as Fed Chair Jerome Powell indicated the Fed might consider accelerating the taper of bond purchases as inflation persists. At the time of writing, the white metal is down some 0.33% after falling from a high of $23.312 to a low of $22.6935. The greenback did not manage to stay on top for long as the eurozone data came in hot. This enabled the euro to correct a strong sell-off considering the European Central Bank may not be able to ignore the risks of higher inflation for longer. ... (full story)