MCX Silver Price Forecast: Fears surrounding the global economic slowdown, led by China’s covid woes and geopolitical tussles surrounding Europe, seem to weigh on the silver price. Also exerting downside pressure are the hawkish Fedspeak and firmer US data that underpin the market’s hopes of the Fed’s aggression towards raising rates despite recession fears.
MCX Silver Price Forecast: As Expected Silver (XAG/USD) Hit Full Tatget 53,666 – Neal Bhai Reports
MCX Silver (XAG/USD) 816 Points Done
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Silver’s recovery remains elusive until the quote stays below July’s low of $18, June 2020 low near $16.50 appears to lure the silver bears.
