Silver Price (XAG/USD) Hovers Near Two-Year High Despite Rising Bond Yields
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Silver (XAG/USD) experienced a slight sell-off after reaching a two-year high near $28.00 early Monday. Despite rising US Treasury yields following Friday’s strong Nonfarm Payrolls (NFP) report, near-term demand for the precious metal remains robust. NFP Report Fuels Inflation Concerns, Impact on Fed Outlook The robust US jobs data has reduced expectations of a June […]