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.
Crude Price has Been Trading in the Range of 5600-6100
Weekly Crude Oil Forecast: Crude oil sentiment improves despite falling US inventory and tightening OPEC production.