Silver Price Forecast: XAG/USD advances sharply toward $24.30s Silver XAGUSD Metals Macroeconomics Technical Analysis
oised for a higher open, even though China’s PMIs showed factory activity eased, and its reopening improved traders’ mood. At the time of writing, the XAG/USD is trading at $24.35 a troy ounce.
Another factor weighing on precious metals prices is the fall of US Real Yields, as shown by the US 10-year TIPS bond yield, plunging 12 bps, down at 1.471%, compared to last week’s close of 1.473%.
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