Silver Prices Rise as Investors Reassess Long-Term Risks

Silver prices have begun the week on an upward trend, despite concerns over high interest rates and a strong US dollar.

The price of silver rose by 0.75% to $66.62 per ounce at 8:50 am on September 21 (Vietnam time), following a positive close last week.

While the market remains in a state of flux, with interest rates and bond yields exerting pressure on precious metals, investors are reassessing long-term risks related to inflation, public debt, and global economic prospects.

This tug-of-war between opposing forces has resulted in silver prices trading above $66 per ounce, with the next key resistance zone at around $66.70.