Silver slips below $60.50 on rising inflation concerns
Silver price (XAG/USD) retreated to around $60.30 per troy ounce in Asian trading after prior gains, as rising crude oil costs driven by fears of a deteriorating US-Iran conflict reignited broader inflation concerns.
Original · FXStreet AI summary of public reporting
Why: Rising inflation concerns from oil → silver slips
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Prices since publication
At publication → CurrentSILVER60.52 → 60.78+0.4%
CL92.75 → 91.13−1.7%