Silver targets $25.82, influenced by Fed policy and economic factors.Economic signals and central bank demand bolster a bullish outlook.Market closely watching the December Fed meeting for potential impact.
The silver market last week was marked by significant volatility, with XAG/USD navigating a range of economic uncertainties. Starting the week near a five-week low at around $22.00, silver was impacted by the looming U.S. CPI and retail sales data, creating a cautious market sentiment. The strength of the dollar further influenced silver, making it less attractive to holders of other currencies.
For more Updates Do follow us on Social Media
Facebook Page https://bit.ly/3blw5Rg
Instagram https://bit.ly/3MsRHbP
YouTube https://bit.ly/3LjGj2L
Twitter https://bit.ly/3E9IO5U
Linkedin https://bit.ly/3M17Xlk
WhatsApp Group https://bit.ly/jewelbuzz2
Comentarios