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via fxstreet.comMarkets

Silver Price Forecast: XAG/USD struggles near two-month lows ahead of US CPI

FROM THE WIRE · FXSTREET.COM

Silver (XAG/USD) trades on the back foot on Tuesday, losing more than 1.5% as hawkish Federal Reserve (Fed) expectations and elevated US Treasury yields weigh on the non-yielding metal.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishSilver declines due to hawkish Fed expectations and elevated Treasury yields, typical pressures on non-yielding metals.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Silver loses more than 1.5% on Tuesday, trading on the back foot.
  2. 02Hawkish Federal Reserve expectations weigh on the non-yielding metal.
  3. 03Elevated US Treasury yields continue to pressure silver prices.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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