Silver Under Pressure: Will Economic Data and Fed Signals Shift Prices?
Silver’s rally encounters obstacles as wage growth drives bond yields higher. Upcoming inflation data and Federal Reserve signals pose questions about silver’s trajectory. Investors scrutinize inflation reports to gauge potential impacts on precious metals. Can positive data propel silver prices upward, or will delays in interest rate cuts weigh heavily? The outlook remains uncertain as traders brace for mixed signals from economic indicators. Silver enthusiasts remain hopeful for a resurgence, but much hinges on how the market reacts to forthcoming reports and Fed communications. Keeping a close eye on these developments will be key for investors.