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Silver (XAGUSD) Stabilizes Amid Middle East Tensions and Pending US Jobs Data

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The Story

News Summary

  • Silver prices remain steady above $75 as geopolitical uncertainty persists regarding US-Iran ceasefire negotiations.
  • While inflationary pressures from the Middle East conflict have weighed on the metal, investors are now pivoting focus toward the upcoming US jobs report to gauge future Federal Reserve interest rate policy.
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XAGUSD price history

65.19 -29.05% over the displayed period

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