Silver price (XAG/USD) trades on a softer note near $27.30 during the early European session on Wednesday.
Silver price turns red around $27.30 on Wednesday, despite the weaker USD. A relaxation in Middle East geopolitical tensions drags silver price to a two-week low. The rising demand for white metal in industrial uses supports the XAG/USD. Silver price trades on a softer note near $27.30 during the early European session on Wednesday. The easing of tensions in the Middle East and the risk-on environment cap the upside of the white metal.
Investors will take more cues about inflation trajectory and interest rate outlook from the US Q1 Gross Domestic Product number on Thursday and the Core Personal-Consumption Expenditures Price Index,the Federal Reserve's preferredgauge of underlyinginflation, due later on Friday.
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 Forecast: XAG/USD attracts some sellers below $27.00 amid risk-on moodSilver price (XAG/USD) trades on a softer note for the second consecutive day around $26.95 on Tuesday during the early European session.
Lire la suite »
Silver Price Forecast: XAG/USD pulls back from all-time highs, hovers around $27.00Silver price attempts to snap its five-day winning streak, retreating from the all-time highs and trading near $27.00 per troy ounce during early European hours on Thursday.
Lire la suite »
Silver Price Analysis: Silver price in sell-off after touching top of four-year rangeSilver (XAG/USD) price has continued to sell-off after being rejected by the top of a long-term range at just below $30.00 (green line) on April 12.
Lire la suite »
Silver Price Analysis: XAG/USD dips below $27.00 after hitting multi-year highSilver’s retreats after hitting a two-and-a-half-year high of $27.33 amid growing speculations of geopolitical risks due to Israel’s attack on Iran’s embassy in Syria.
Lire la suite »
Silver Price Analysis: XAG/USD peaks to new three-year high above $27.00Silver soared sharply and finished the week with gains of close to 10%, hitting three-year highs after reaching levels last seen in June 2021.
Lire la suite »
Silver Price Forecast: XAG/USD retreats from nearly three-year high to below $28.00Silver price (XAG/USD) trades with mild losses around $27.85 after retracing from the fresh three-year high of $28.53 during the early European session on Thursday.
Lire la suite »