Silver rebounded from session lows near $56.50 to trade around $58.00 following US economic releases.
Silver prices climbed 0.8% on Thursday, recovering from a session low of $56.50 to briefly touch $59.00 after US economic data was released. The metal later settled near $58.00, marking a rare positive session in recent trading.
The move followed a period of weakness, with silver struggling to sustain momentum amid broader market conditions. Analysts cautioned against interpreting the bounce as a definitive bottom, noting the metal’s history of volatility.
No immediate market reaction was reported beyond the intraday price movement.