Silver Price Rises 0.39%

Silver price advanced 0.39% on Friday Silver price advanced by 0.39% on Friday, capped by rising US yields. The white metal remains downward biased despite signs of bottoming around the $54.70 area. For a bullish continuation, the first resistance for XAG/U

Silver price advanced 0.39% on Friday

Silver price advanced by 0.39% on Friday, capped by rising US yields.

The white metal remains downward biased despite signs of bottoming around the $54.70 area.

For a bullish continuation, the first resistance for XAG/USD would be the 100-day Simple Moving Average at $68.76.

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