XAG/USD falls 0.7% after failing to sustain gains above $76.60 amid rising US bond yields.
Silver prices retreated 0.7% to $75.20 in early European trading on Thursday, pressured by a rebound in US Treasury yields. The decline followed an unsuccessful attempt to extend recovery above $76.60 earlier in the session.
Prior to the drop, silver had shown resilience near the $76.60 level, but rising yields increased the opportunity cost of holding non-yielding assets. The move aligns with broader market trends as bond yields influence precious metals demand.
No immediate market reaction data was provided, but the shift reflects investor sensitivity to yield movements and macroeconomic signals.