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Silver Price Forecast for the Week Ahead: Payrolls, Powell and Iran Oil Risk Put $70 in Play
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Silver Price Forecast for the Week Ahead: Payrolls, Powell and Iran Oil Risk Put $70 in Play
Spot silver rose 2.2% to $69.54 an ounce Friday, rebounding amid haven demand tied to the Iran war and shifting U.S. rate expectations. Oil, the dollar, and Treasury yields all moved higher, capping silver’s rally. U.S. nonfarm payrolls data is due April 3, when markets will be closed for Good Friday, likely pushing key trading into Thursday. Silver remains volatile after hitting a record $121.6 in January. The post Silver Price Forecast for the…
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