Silver Falls Toward $65.50 as US-Iran Peace Uncertainty Lingers
Silver (XAG/USD) eased toward $65.50 after two days of gains, with US-Iran peace uncertainty cited as a drag.
XAGUSD
XAG/USD was trading around $65.50–$65.60 per troy ounce during Asian hours, pulling back after two consecutive sessions of gains. The move put the metal near the $65.50 level highlighted in the update.
The post tied the decline to continued uncertainty over US-Iran peace prospects. No additional catalysts, technical levels, or forecast targets were included in the update.
- XAG/USD: around $65.50–$65.60
- Direction: lower after a two-day advance
- Driver cited: US-Iran peace uncertainty
The report implies a softer near-term tone for silver, though it does not provide a detailed forecast beyond the retracement.
Source: FXStreet Forex News