Silver (XAG/USD) Holds Above $61.00 Amid Strong US Dollar
Silver is trading a few cents above $61.00 on Wednesday, nursing marginal losses as the US Dollar remains strong.
XAGUSD
Silver (XAG/USD) is holding just above the $61.00 level during European trading on Wednesday, recovering slightly from earlier losses.
The precious metal remains under pressure from a robust US Dollar, which continues to weigh on commodities priced in the greenback. Market participants are monitoring the dollar's strength as a key driver for silver's near-term direction.
Source: FXStreet Forex News