FXStreet·1 min read·medium
Silver Price Forecast: XAG/USD falls to near $55.50 amid interest rate concerns
✦AI Summary
Silver prices have fallen to approximately $55.50 per troy ounce, marking a third consecutive day of decline. The drop is attributed to broader market concerns regarding interest rates and rising oil prices linked to Middle East tensions.
Silver price (XAG/USD) remains subdued for the third successive day, trading around $55.50 per troy ounce during the Asian hours on Thursday. Silver is on track to drop over 7% this week as escalating Middle East tensions drive oil prices up. This su... [832 chars]
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