Silver edges lower to $58.50 as caution prevails
Silver (XAG/USD) dipped to around $58.50 per troy ounce during Asian trading, giving back some of the previous day's gains as market caution lingers.
XAGUSD
Silver prices edged lower during Asian hours on Tuesday, trading near $58.50 per troy ounce. The metal retreated after posting gains in the prior session, with market participants adopting a cautious stance.
No major catalysts have emerged to drive directional momentum, leaving XAG/USD to consolidate just below the $59 level. Traders are watching for further cues from broader financial markets or precious metals demand trends.
Source: FXStreet Forex News