Silver Price Forecast: Buyers stall near $70 after strong rally
Silver price today: Silver falls, according to FXStreet data
Silver Price Forecast: XAG/USD steadies around $69.00 amid US bond buybacks
Gold and silver prices remain bullish as the U.S. dollar weakens, but gold must break $5,000 and silver must clear $72 to extend their rallies.
Silver Price Forecast: XAG/USD holds bullish below $70.00/two-month high set on Friday
Silver tested $70 as Treasury buybacks weakened the dollar and pushed yields lower. The 200-day moving average is now the next target.
The Silver price tested $70 after a 17% monthly gain, but bank forecasts diverge sharply between a return to $90 and a retreat towards $63. The Silver price in US Dollars(XAG/USD) ended the week at $68.994 an ounce after its recovery accelerated during the second half of August.
DXY remains bearish below 99 while platinum targets 1927-1930 after breaking 1900, with gold, silver, palladium and copper testing key breakout levels.
Is the biggest Gold and Silver bull run since the 1970s about to begin?
Spot silver climbs more than 5% for the week as falling yields, a weaker dollar and rising open interest bring fresh money back into XAGUSD.
Silver Price Forecast: XAG bulls test $70 as rally extends
Silver rallies for the week again, as bond yields are starting to stumble a bit. However, the falling US dollar is the real story here.