Elevated U.S. Treasury yields near multi-year highs and a firmer dollar index continue to pressure silver prices, which settled near $60.40 per ounce on October 4 after a roughly 6-7% weekly decline. The metal's sensitivity to real yields stems from its non-yielding nature and dual industrial-investment demand profile. Recent September nonfarm payrolls of just 29,000 jobs tempered near-term rate-hike odds following the Fed's September 25-basis-point increase, yet persistent inflation concerns tied to oil and geopolitical tensions have kept yields elevated. Traders will focus on the upcoming CPI release and any shifts in Fed communications for signals on monetary policy that could alter the current risk-reward balance for XAG/USD.