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Silver Climbs to $64.55 as Strong Support Offsets Fed Rate Hike Fears

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Silver settled slightly higher at $64.55 an ounce, holding firmly within strong support levels despite rising expectations of a Federal Reserve rate hike.
  • Analysts note that market tightening has already been absorbed by bond yields, limiting downside pressure on precious metals.
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XAGUSD price history

64.34 -29.97% over the displayed period

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