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
- The Fed just got a second hot inflation number. Here’s what the diesel signal is really saying
- The MoneySense guide to debt management
- Why is BE Semiconductor Industries stock sliding today?
- Stabilisation likely ahead of the weekend
- WTI holds weekly gains near $96 amid risk premium to oil prices
- Canadian dollar gains as dollar retreats, hot U.S. PPI clouds outlook
- Japanese Yen weakens ahead of Fed Warsh’s speech
- Selling the losers in your stock portfolio can help save you tax
Silver Price Forecast: XAG hits fresh YTD low, bears eye $54 breakdown
By Robert Jessi
