Silver and gold are under pressure as surging real yields and hawkish Fed expectations weigh on the precious metals complex. The market is increasingly pricing a 50% chance of a rate hike by year-end, threatening to break key support levels for silver, particularly if inflation remains stubborn and US data stays resilient. Geopolitical developments, such as the reopening of the Strait, could provide short-term relief by easing oil prices and bolstering rate cut speculation. However, sustained elevated oil prices may reinforce Fed hawkishness. Traders should watch the 70.00 and 83.00 price zones closely, balancing risk as bearish momentum intensifies on intraday charts.