LIVE MARKET ALERT Silver prices eased to 76.44 per ounce, down 1.33%, as the metal faced renewed selling pressure within commodity markets. Traders reported muted interest from industrial consumers and a cautious tone from investors reallocating exposure away from precious metals. The broader sentiment reflected a balance between fading hedging demand and mild liquidation of long positions.
Market participants attributed the move to sustained strength in the U.S. dollar and lingering uncertainty in manufacturing indicators. With inflation pressures moderating and yield expectations adjusting, silver’s near-term direction remains guided by shifts in both macroeconomic sentiment and physical demand recovery across key industrial sectors.
Key Drivers:
• Weakness in industrial consumption dampening spot demand for silver.
• Firm U.S. dollar weighing on precious metal valuations.
This market commentary is provided for informational purposes only and does not constitute investment advice. Prices and market conditions are subject to change without notice.
Silver Slips Amid Softer Industrial Demand and Firm Dollar
"Silver fell 1.33% to $76.44/oz as industrial demand weakened and investors reduced exposure, pressured by a firm U.S. dollar and soft manufacturing sentiment."
Market participants attributed the move to sustained strength in the U.S. dollar and lingering uncertainty in manufacturing indicators. With inflation pressures moderating and yield expectations adjusting, silver’s near-term direction remains guided by shifts in both macroeconomic sentiment and physical demand recovery across key industrial sectors.
Key Drivers:
• Weakness in industrial consumption dampening spot demand for silver.
• Firm U.S. dollar weighing on precious metal valuations.
This market commentary is provided for informational purposes only and does not constitute investment advice. Prices and market conditions are subject to change without notice.