CoinWorld News, Macquarie said that profit-taking last month weighed on silver prices, and against the backdrop of rising expectations for Fed rate hikes, price movements have once again become driven by macro factors. Similar to gold, silver prices are expected to remain range-bound for the rest of this year, gradually declining in 2027, with inflationary pressures and the likelihood of Fed rate hikes limiting further upside. The higher inflation and bond yields, the greater the downside pressure. In particular, silver, which has outperformed gold due to bullish sentiment driven by tightening supply, low inventories, and strong demand, is more prone to corrections. Historically, silver corrections have been rapid. Macquarie expects silver to trade at $70 per ounce in the fourth quarter of this year and fall back to $65 by the end of 2027.