On Tuesday’s session, Silver’s spot price XAG/USD traded neutral around $23.00, mainly limited to a strong USD whose DXY index jumped to a high of 104
A stronger USD and yields remaining high don’t allow precious metals to make a significant upwards move.On Tuesday’s session, Silver’s spot price XAG/USD traded neutral around $23.00, mainly limited to a strong USD whose DXY index jumped to a high of 104.90 and US yields slightly increased.had nothing relevant to offer, and markets remained cautious ahead of the August US Consumer Price Index tightening remain steady.
In the meantime, US Yields are edging higher on the day. The 10-year bond yield is seen at 4.29%, with mild gains on the day. The 2-year yield stands at 5.00% with 0.20% gains, and the 5-year yield is at 4.42%, also with mild gains. Upon analysing the daily chart, a neutral to bearish is seen for the XAG/USD, with the bears maintaining control and bulls struggling to make a significant move.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Silver Price Analysis: XAG/USD consolidates around $23 as focus shifts to US Inflation dataSilver price (XAG/USD) trades back and forth around $23.00 in the New York session. The white metal has remained inside the woods for the past four tr
Lire la suite »
Silver Price Analysis: XAG/USD climbs back above $23.00, upside potential seems limitedSilver attracts some buyers on the first day of a new week, snapping an eight-day losing streak, and climbs back above the $23.00 round-figure mark du
Lire la suite »
Silver Price Analysis: XAG/USD regains $23.00, bears still in commandOn Monday, precious metals are recovering ground after seeing sharp losses last week, with the Gold and Silver prices seeing daily gains. The XAG/USD
Lire la suite »
Silver Price Analysis: XAG/USD remains confined in a range around $23.00, seems vulnerableSilver struggles to capitalize on the previous day's modest recovery gains and attracts fresh sellers in the vicinity of the $23.20 area on Tuesday. T
Lire la suite »
Dangerous Pattern Emerging for ETH, Price Could Crash to $1.4K (Ethereum Price Analysis)Ethereum's price has taken a notably bearish turn, breaching several critical support levels and tilting on the verge of a concerning death cross. Despite
Lire la suite »
2024 Ram 1500 gets a tiny change and tiny price bump — or nice price drop2024 Ram 1500 gets a tiny change and tiny price bump or nice price drop. The refreshed truck is coming in Q1 of 2024.
Lire la suite »