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Silver Holds at $37 as Dollar Mixed, Yen Slips, Pound Pressured
Financial markets opened the week cautiously, with silver prices stabilizing near $37.00 as traders seek clarity from upcoming global data and central bank commentary. The US Dollar presented a mixed tone across major pairs, while the Japanese Yen weakened following Friday’s rebound, and the British Pound edged lower amid Bank of England policy anticipation. Broader market sentiment remains watchful, especially with inflation data and China’s trade developments in focus. Silver is trading sideways near $37.00, lacking strong momentum after last week’s rally. Despite its resilience, technical indicators suggest ... (full story)
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From marketpulse.com | Aug 4, 2025
Trading in the region of $37.35700 in today’s session, Silver looks to continue bullish momentum shown in Friday’s session, rallying from monthly lows. Having recently succumbed to short-term selling pressure from all-time highs made in late July, recent US jobs data has helped bolster precious metal pricing. Missing expectations by some margin, coupled ...
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