The Fed's interest rate hike will cause people to deposit in banks, and their purchasing power will drop, and silver will fall.

Silver is now an industrial raw material, and its monetary property is very small and can be ignored. Generally speaking, low interest rates are conducive to reducing social financing costs, improving economic activities and promoting consumption, so generally speaking, low interest rates will make commodity prices run upward. On the contrary, it is not conducive to rising prices. What I'm talking about here is the general trend, which has little significance to the local market.