Description
Silver (XAG/USD) faces growing downside pressure after falling away from its previous $54 support zone. With U.S. GDP rising 3.4% and inflation remaining elevated, could silver extend its decline toward $50?
This silver price forecast examines the Federal Reserve's restrictive policy outlook, 10-year real Treasury yields at 2.67%, and resilient but mixed industrial activity. The technical bias remains bearish, with rallies viewed cautiously until silver breaks decisively above $55.
For the full article:
https://www.fxempire.com/forecasts/article/silver-industrial-resilience-meets-a-restrictive-monetary-backdrop-1641340/
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