Silver price recovered some ground on Friday, up 0.84%, but it is poised to finish the week down over 6.50%. At the time of writing, XAG/USD trades at $56.00 per troy ounce, after reaching a new year-to-date (YTD) low of $54.77.
Trending
- Bank of Canada keeps its policy rate at 2.25%
- Canadians are demanding more local products as retailers face pressure to respond
- Aura Minerals director Bruno Sousa Mauad sells $10.35 million in shares
- Bank of Canada holds interest rate at 2.25%
- PBOC sets USD/CNY reference rate at 6.7807 vs. 6.7829 previous
- EUR/USD Decline Shows Safe-Haven Flows Are Overpowering Rate Differentials
- Why The Canadian Dollar Keeps Refusing To Break Lower
- Bank of Canada maintains the policy rate at 2¼%
Silver Price Forecast: XAG hits fresh YTD low, bears eye $54 breakdown
By Robert Jessi
