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fxJun 30, 2026, 3:20 PM

Silver Edges Higher to $59.70 as USD Trims Gains

Silver (XAG/USD) rose nearly 2.5% to around $59.70 on Tuesday as the US Dollar gave back some gains despite upbeat US economic data.

XAGUSD

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.

Source: FXStreet Forex News