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Silver: Sees Support Just Below
Silver's performance remains subdued as buyers appear to be elusive. Nevertheless, there is substantial support in the vicinity, notably around the $22.50 level and further reinforcement at the $22 mark. This is something that the markets will be cognizant of. In recent trading sessions, silver displayed notable volatility, coinciding with the release of the Consumer Price Index (CPI) data from the United States. This data suggests that the Federal Reserve may have some room to maneuver in considering potential interest rate cuts. However, it's important to note that silver's lackluster performance is not unique; ... (full story)