Silver Price Forecast: XAG/USD rallies near $60 as markets embrace US-Iran de-escalation
Gold and silver prices remain in consolidation as investors assess geopolitical tensions, lower oil prices, and the upcoming Federal Reserve decision, which could trigger the next major move in precious metals.
XAGUSD faces a pivotal week as Warsh, rate-hike odds and inflation data test whether silver's 4% rally can extend.
Feeder cattle reaches a two-year bullish positioning extreme as Soybeans and Silver send contrasting signals [Video]
Silver Price Forecast: XAG/USD consolidates as bulls struggle to clear the 21-day SMA
Silver holds inside Thursday's range as softer oil and yields ease pressure, but FOMC risk keeps the silver market on edge.
Silver has had a strong week, but still faces headwinds above, as interest rates in America are still extremely high. At this point, the $60 level seems to be a point of interest, as has been the case for some time.
Silver mid-year outlook: From record high to record crash. Can the metal return to $100?
The silver market has been somewhat choppy in premarket trading but has shown more bullish than bearish behavior so far.
Silver Price Forecast: XAG/USD recovers as the US Dollar eases
Can Silver reclaim $60 after its latest rebound?
Silver price today: Silver rises, according to FXStreet data