Warsh Speech Leaves Silver Prices Flat at $68.50
Silver prices have remained relatively flat near $68.50 on Tuesday as markets await the speech of Federal Reserve Governor Christopher Warsh.
The precious metal has been in a rangebound phase for several sessions, with investors waiting for fresh policy cues to determine its next directional push.
Warsh's comments will be closely scrutinized for any hints about the Fed's stance on interest rates and inflation. A hawkish tone could strengthen the US dollar and put downward pressure on silver, while a more dovish outlook might support the metal.
Recent economic data has been mixed, with inflation showing signs of cooling but still above the Fed's 2% target. This uncertainty has left traders uncertain about the timing and pace of future rate cuts.