Silver Edges Higher to $59.70 as USD Trims Gains

Silver (XAG/USD) edged higher on Tuesday, climbing nearly 2.5% to trade around $59.70. The move came as the US Dollar trimmed part of its intraday gains, even after the release of upbeat US economic data.

The precious metal continues to face a bearish trend, but today's price action suggests a temporary reprieve as the dollar weakens. Traders are watching for further signals from broader market sentiment and upcoming economic releases.