TL;DR: A weak jobs report already made the case for a Fed hold, but only Wednesday's CPI can confirm inflation is cooling too — and if it comes in soft without reviving growth fears, Silver's dual identity as both a monetary and industrial metal could let it outrun Gold.
Silver outlook remains positive [Video]
Silver Price Forecasts: XAG/USD confirms a bullish H&S targeting $67.17
XAGUSD(Silver) taking a breather XAGUSD(Silver) remains cautious even though a weaker US dollar boosted the demand for precious metals. A surge above 63.00 was a sign of strong buying pressure, pushing the price towards 65.00.
Gold and silver remain supported by a weak US dollar, while upcoming US inflation data and key resistance levels may determine the next move.
Silver Price Forecast: XAG/USD starts US CPI week on flat note around $63.50
Large speculators just hit a 2-year bullish extreme in silver — And the commercials are shifting with them
Silver closed 3.29% higher after weak payrolls cut September hike odds, driving short-covering and fresh buying above the 50-day MA.
Silver Price Forecast: XAG/USD clears 50-day SMA, eyes $65
Silver Price Forecast: Weak US payrolls fuel breakout above 50-day SMA
Silver: Solar demand headwinds emerge – Commerzbank
Silver rallies after disappointing jobs numbers in the United States, sending yields lower in the bond markets.