Silver Price Remains Flat as Technical Setup Shows Mixed Momentum

The price of silver remains relatively flat at $68.77, despite some modest gains earlier in the day.

This is largely attributed to the current technical setup, which shows mixed momentum and consolidation expected within a range of $67.8 to $69.74 over the next 2-3 days.

The recent expansion of U.S. Treasury buybacks has weakened the dollar and eased inflation concerns, making silver more attractive for investors seeking alternative stores of value.

Sustained industrial demand from sectors such as solar energy, electric vehicles, and AI data centers provides fundamental long-term support for silver's price.