Silver Price Stuck Ahead of US Data as Hawkish Fed Tone Takes Hold

The silver price has been trading flat around $66.67 in anticipation of key US economic data releases, including the Manufacturing PMI and Job Openings figures.

Fed Chair Kevin Warsh's hawkish comments at the Jackson Hole Symposium have added to the market's expectations for a potential interest rate hike in September.

Renewed Middle East tensions have led to higher oil prices, which could dampen investor sentiment towards silver as a non-yielding asset.