โSilver (XAG) Daily Forecast: Eyes on US PPI Data as Silver Tests $31.50
๐ Silver prices are trading above $31, driven by a weaker US dollar and potential Federal Reserve rate cuts
โ ๏ธ Investors await the US PPI report, which could impact dollar strength and trigger volatility in silver prices
๐ Chinaโs potential fiscal stimulus measures could boost industrial silver demand, affecting near-term price dynamics
@news_finance
๐ Silver prices are trading above $31, driven by a weaker US dollar and potential Federal Reserve rate cuts
โ ๏ธ Investors await the US PPI report, which could impact dollar strength and trigger volatility in silver prices
๐ Chinaโs potential fiscal stimulus measures could boost industrial silver demand, affecting near-term price dynamics
@news_finance