Silver gives back some gains as US yields rebound
Silver price today: Silver falls, according to FXStreet data
Silver Price Forecast: XAG/USD refreshes two-month high as US doubles bond buyback plan
Yesterday, I argued that the US dollar was likely to be the key variable in determining whether the breakouts seen in gold and silver earlier this month would extend further or reverse.
Silver Price Forecast: XAG/USD eyes $67 as US yields slide
Silver surges as Treasury buyback plan sinks the US Dollar
Treasury buyback plans sparked a silver rally as long yields and the dollar broke lower. FOMC minutes now test whether buyers can hold the bid.
Silver has rebounded to $63, but inflationary risks hold buyers back
Silver has had one of its strongest months in years, but this week's price action shows just how fragile precious metals rallies can be when bond markets get nervous. The metal surged nearly 10% last week after July's Non-Farm Payrolls badly missed expectations, printing a loss of 23,000 jobs, prompting markets to price out any chance of a September Fed hike and reviving safe-haven demand.
Silver price today: Silver falls, according to FXStreet data
Short term sell signals for Gold and Silver [Video]
Silver Price Forecasts: XAG/USD tests levels sub-$63.00 as bearish pressure mounts