SILVER

Silver is trading below the $71.40 resistance level, and prices are expected to move sideways within a range between the $66.60 support level and the aforementioned resistance level.
|
Support |
66.60 | 61.80 |
| Resistance | 71.40 |
72.50 |
Silver held near its highest level in two months as markets awaited U.S. PCE inflation data and the Federal Reserve Chair’s speech at Jackson Hole, while the metal benefited from a weaker dollar and lower yields following the U.S. Treasury’s expansion of bond buybacks, alongside a third consecutive session of declining oil prices.
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