Silver Price Forecast: XAG/USD trades firmly near two-month high of $86.50 ahead of US CPI
Silver price (XAG/USD) holds onto its almost week-long rally to near $86.50 during the Asian trading session on Tuesday. The white metal trades firmly even as oil prices are broadly stable amid fears that military actions between the United States (US) and Iran could resume.
Silver prices are likely to continue their upward momentum as traders react to the upcoming US CPI data. If the CPI indicates inflationary pressures, XAG/USD could break above $86.50.
Silver price (XAG/USD) holds onto its almost week-long rally to near $86.50 during the Asian trading session on Tuesday. The white metal trades firmly even as oil prices are broadly stable amid fears that military actions between the United States (US) and Iran could resume.
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