Silver Price Forecast (17 May, 2023): Silver price (XAG/USD) is trading slightly higher around $23.75-80 after bouncing back from a 1.5-month low of $23.50 on Tuesday. The precious metal suffered its biggest daily loss in a week as the US dollar strengthened and investors turned cautious ahead of the Fed meeting.
Gold Price Update: 50-DMA Support Holds, Recovery Possible
Gold Price Update: Gold price is making a minor recovery towards $2,000 early Thursday, following the same pattern as Wednesday’s Asian trading.