Silver: Sees a lot of Noise

From dailyforex.com

Silver is currently clinging to the support level at the base of the long-term consolidation area, persistently challenging the $22.50 zone. It’s crucial to remember that rising rates have been a dominant influence in the silver market recently, and there’s no indication of them halting their ascent anytime soon. However, silver enjoys a semblance of a safety net due to its industrial applications, unless the focus shifts to potential economic deceleration. Regardless, silver also serves as a wealth protection asset, offering a layer of security against economic uncertainties. Presently, the spotlight is on the ... (full story)