Silver price today: Silver falls, according to FXStreet data
Gold and silver remain under pressure as higher oil prices, rising Treasury yields and a stronger U.S. dollar weigh on sentiment, while silver shows relative strength and waits for a clear breakout.
Gold and silver are getting hit from all sides as a surging dollar, soaring bond yields and heavy equity market losses combin.
Silver price slides as rising US yields, hawkish Fed remarks dent demand
Silver continues to be very noisy on Thursday, as we continue to watch interest rates, and of course, supply. At this point, the biggest thing to keep in mind is that the supply remains very weak.
Silver: Rally stretched near term – OCBC
Silver briefly pushed above the $89 level this week before losing some momentum ahead of $90 psychologically mark. Yet this pause appears more like consolidation than exhaustion.
Silver price today: Silver falls, according to FXStreet data
Silver Price Forecast: XAG/USD rally hits pause below $90 as traders price out dovish Fed bets
Silver price advances on Asian demand, geopolitical tensions despite firm US Dollar
Silver looks a little tired at this point, as the market has been “swimming upstream” against interest rates rising. We are now testing a ceiling in the market in the form of $90.
Silver price today: Silver falls, according to FXStreet data