Silver Bounces as Yields, Dollar, Crude Back Off

Spot Silver has staged a recovery after buyers stepped in near $63.36, where it had tested support on Thursday.

The metal rebounded as yields and crude oil backed off, giving silver room to breathe.

This comes after Thursday's selling pressure, which was not specific to silver but rather a broader market reaction to rising inflation concerns and higher Treasury yields.

However, with crude lower on Friday and the dollar easing, silver has regained its footing near $64.68 per ounce.