Silver Bears Miss Their Chance as Oil Rally Fails to Extend Selling

Silver briefly slipped below the key $55 level on Friday but quickly regained its footing as the new week began, despite Brent crude gapping above $90 following another escalation in the US-Iran conflict. The lack of additional selling is notable. Throughout last week, higher oil prices fueled expectations of renewed inflation pressure, lifting Treasury yields
The post Silver Bears Miss Their Chance as Oil Rally Fails to Extend Selling appeared first on ActionForex.

Silver briefly slipped below the key $55 level on Friday but quickly regained its footing as the new week began, despite Brent crude gapping above $90 following another escalation in the US-Iran conflict. The lack of additional selling is notable. Throughout last week, higher oil prices fueled expectations of renewed inflation pressure, lifting Treasury yields […]

The post Silver Bears Miss Their Chance as Oil Rally Fails to Extend Selling appeared first on ActionForex.

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