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Commodities

Silver Prices Rebound on Weaker Dollar and Diminished Rate Hike Expectations

Guavy AI Editorial Team
Instruments
Silver
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Spot silver prices rebounded on Monday's Asian session, rising above $65 and marking an intraday gain of approximately 1.5%.

The increase in silver was influenced by a weaker U.S. dollar and diminished expectations of Federal Reserve rate hikes.

A trifecta of factors is supporting spot silver: a weakening U.S. dollar, diminished expectations for Federal Reserve rate hikes, and improved risk appetite for precious metals.

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