Silver didn't just survive last Thursday's selloff—it revealed something important. The nearly 9% plunge was a stress test, and the market's response—holding firmly above 70—signals that the defense of 70 is more than technical noise.
Silver price today: Silver rises, according to FXStreet data
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Silver Price Forecast: XAG/USD falls toward $72.00 on hawkish Fed outlook
Pan American Silver just released a dramatically improved mine plan for its La Colorada Skarn project. The numbers are better in every way.
Silver has a slightly positive week as we try to build from the initial recovery over the last few weeks.
The $70 level continues to be a major level in the silver market.
Silver sold off hard Thursday before bouncing sharply from the key $70 floor as US 10-year yields retreated below 4.3%, keeping price within the established $70–$90 range with short-term upside momentum building into a thin Good Friday session.
Silver price today: Silver broadly unchanged, according to FXStreet data
Silver Price Forecast: XAG/USD falls to near $73.00 on central banks' hawkish policy odds
Gold and silver face short-term pressure as a stronger US dollar and rising geopolitical risks weigh on prices, while markets remain cautious ahead of key NFP data that could drive the next move in precious metals.