Silver climbed back toward $36, bouncing from over two-week lows on falling Treasury yields and a softer dollar. While the Israel-Iran ceasefire remains shaky, Fed Chair Powell said “many paths are possible,” hinting at a flexible rate stance depending on job market data.
Strong industrial demand and tight supply continue to support silver, which is up nearly 9% in June, far outpacing gold’s modest gains.
Resistance is seen at 37.50, while support holds at 35.40.
Strong industrial demand and tight supply continue to support silver, which is up nearly 9% in June, far outpacing gold’s modest gains.
Resistance is seen at 37.50, while support holds at 35.40.
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