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Commodities

Silver Price Holds Steady Near $68.50 Ahead of Fed Chairman's Key Speech

Guavy AI Editorial Team
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Silver
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The price of Silver (XAG/USD) remains relatively stable near $68.50 during the European trading session on Thursday, despite a minor increase of 0.35% to $68.40.

Investors are awaiting Federal Reserve Chairman Kevin Warsh's speech at the Jackson Hole Symposium on Friday, where he is expected to provide insight into inflation and interest rate outlook for the United States.

The Fed's commitment to bringing down inflation to 2% has raised concerns among financial markets that a stronger US Dollar could diminish the appeal of non-yielding assets like Silver.

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