Silver drifts lower during early trading on Monday as we continue to see a lot of external factors influencing the silver markets.
Silver Price Forecast: XAG/USD struggles to extend opening gains amid hawkish Fed bets
Three Fed dissenters and a 5.20% long bond leave silver dependent on Friday payrolls to keep September hike odds falling.
Silver Price Forecast: XAG/USD rises above $58.00 on renewed US-Iran peace talks
Gold and silver prices edge higher as Iran talks and falling oil prices ease inflation concerns, but key breakout levels will determine the next move.
Silver Price Forecast: XAG/USD consolidates above $55 as downside momentum eases
The silver market has pulled back a bit from the $60 level to show signs of hesitation again for the week, as we are looking at the silver market with questions.
The silver market has shown some negativity in the early part of the Friday session, as the markets are likely to continue to see chop.
Silver Price Forecast: XAG/USD remains under pressure as bond yields, US Dollar rebound
Silver price today: Silver falls, according to FXStreet data
Silver outlook turns on the dollar unwind: fading Fed hike odds support buyers, but rising yields and crude oil keep the rally on a short leash.
Silver Price Forecast: XAG/USD falls to near $58.00 on hawkish Fed sentiment