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Forex

Silver Stalls Ahead of Inflation Data and Fed Signals

Guavy AI Editorial Team
Instruments
USD
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Silver prices have retreated from early gains to trade slightly lower at around $68.5 an ounce on Monday, remaining near its highest level since mid-June.

Investors are eagerly awaiting US inflation data and comments from Federal Reserve Chair Kevin Warsh this week for further clues on the interest-rate outlook.

The metal gained more than 6% last week after a US Treasury buyback support plan pushed the dollar to multi-month lows, but markets remain focused on upcoming economic indicators.

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