FXStreet·1 min read·medium

Silver price heads for weekly loss as Middle East tensions lift yields

Silver price heads for weekly loss as Middle East tensions lift yields
AI Summary

Silver prices are trending toward a significant weekly loss of nearly 7% despite ongoing geopolitical tensions in the Middle East. The metal is currently trading around $55.50 as market pressure continues to weigh on the commodity.

Silver (XAG/USD) trades around $55.50 at the time of writing on Friday, virtually unchanged on the day, but remains on track to post a weekly loss of nearly 7%. Despite an increasingly tense geopolitical backdrop, the white metal remains under pressu... [1683 chars]

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