Silver Rebound Targets $60 as Weekly Gain Holds Near $57.76
Silver is trading near $57.76, on track for a weekly gain of about 3.4% despite a sharp 3.4% decline on Thursday. The recovery is keeping the metal in contention for a move toward $60.
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Silver prices have rebounded, trading around $57.76 on Friday and heading for a weekly gain of approximately 3.4%. The metal absorbed a 3.4% drop on Thursday and maintained its upward trajectory for the week.
The rally has sparked speculation about whether silver can reclaim the $60 level. The recovery remains intact, though further price action will depend on sustained buying momentum and broader market conditions.
Source: FXStreet Forex News