Silver falls near $54 on higher oil prices
Silver price (XAG/USD) depreciates after posting modest gains the previous day, trading around $54.10 per troy ounce during Asian hours on Wednesday as oil prices rise. Traders await the US Federal Reserve’s upcoming policy decision due later in the day.
Original · FXStreet AI summary of public reporting
Why: Higher oil prices weigh on silver
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Prices since publication
At publication → CurrentSILVER54.06 → 53.80−0.5%
BRENTOIL110.84 → 111.41+0.5%