As the financial world carefully scans the upcoming Consumer Price Index (CPI) report, the focus is now on Silver(XAG). Will the CPI report set off a rally in silver prices or lead to more declines? This could largely depend on various factors such as inflation rates, monetary policies, and the current market sentiment.
Since the silver market is closely linked with the CPI, pressure on consumer prices can potentially lead to an increase in silver prices. Conversely, lower inflation rates may trigger a decline. Analysts will closely monitor the upcoming CPI report to understand the possible impact on silver prices.
Stay tuned for more updates on the Silver (XAG) Forecast. Read More
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