XAG/USD remains range-bound ahead of key inflation figures, trading close to a seven-week high of $65.16.
Silver prices showed little movement early Monday, with XAG/USD trading around $63.50 in Asian hours. The metal remains near a seven-week peak of $65.16, reflecting cautious sentiment ahead of US inflation data later in the week.
Prior to the release, silver has struggled to break out of a tight range, with traders balancing expectations of Federal Reserve policy shifts against broader macroeconomic uncertainty. The upcoming Consumer Price Index report is expected to influence market direction.
No significant price reaction was observed in early trading, as participants await clearer signals from economic indicators.