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Silver Prices Rally as Treasury Yields Decline; XAGUSD Hits Key Resistance

Yahoo Personal Finance Read original source (opens in a new tab)
The Story

News Summary

  • Silver prices opened 1.9% higher on Thursday, briefly surpassing $67/oz, driven by declining long-term Treasury yields following the U.S.
  • Treasury's bond buyback announcement.
  • While yields dipped, analysts suggest the impact on borrowing costs will be short-term, and the price moderated to $66.81 by mid-morning.
Explore XAGUSD price history & advisor snapshot

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Stored market data

XAGUSD price history

65.19 -29.05% over the displayed period

Advisor Snapshot

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