Silver Price Stalls Near $65 Amid Wait-and-See Market

Silver prices have paused their recent recovery near $65 due to a mixed technical and fundamental backdrop. The metal'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.

The spot price 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. Market participants are closely monitoring upcoming U.S. inflation reports and Fed speeches for clarity on the path of interest rates.

A sustained move above $65 could signal renewed bullish momentum, potentially attracting fresh inflows into silver ETFs and mining stocks. Conversely, a breakdown below $64.50 might prompt profit-taking and dampen near-term sentiment.