Commodities
Silver Price Pauses Recovery Near $65 Amidst Mixed Technical and Fundamental Backdrop
The silver price has paused its recent recovery, holding steady near $65 as it struggles to extend gains amidst a mixed technical and fundamental backdrop.
The spot price of silver (XAG/USD) has stabilized after a modest rebound from recent lows, with traders now eyeing key resistance levels and awaiting fresh catalysts from U.S. economic data and Federal Reserve policy signals.
Silver's price action remains heavily influenced by U.S. dollar movements and Treasury yields, which have been volatile in response to shifting expectations for Fed rate cuts.