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Silver: Sees Buyers Overall
Silver displayed a modest rally in Wednesday's session, riding a wave of upward momentum. It's a market where buyers eagerly step in whenever we see a return to lower price levels, akin to the allure of "sheet-metal." The trajectory of interest rates in the United States holds significant sway over the market's future course, necessitating vigilant monitoring of rate movements. A continued decline in rates may well propel silver toward the $26 mark once more. The $24 level emerges as a magnet for price action, attracting considerable attention from traders. It enjoys support, particularly in the vicinity of the 50-Day ... (full story)