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fxJun 9, 2026, 5:45 AM

Silver Trades with Caution Around $68 Ahead of US CPI Data

Silver price (XAG/USD) edges lower near $67.90 during European trading as investors await the US CPI data for May.

XAGUSD

Silver (XAG/USD) is trading marginally lower, hovering around $67.90 during the European session on Tuesday. The white metal faces slight selling pressure as market participants turn cautious ahead of the release of the US Consumer Price Index (CPI) for May.

The data is expected to provide further clues on the Federal Reserve's monetary policy stance. A stronger-than-expected reading could reinforce expectations of higher-for-longer interest rates, weighing on non-yielding assets like silver. Conversely, a softer print might boost demand for precious metals.

Traders are advised to monitor the CPI release closely, as it could trigger increased volatility for XAG/USD.

Source: FXStreet Forex News