Silver Price Rebounds Near $69 As Oil Slide Eases Pressure On Metals

Traders Union720 FollowersFollow5ShareSavePlay(4min)CommentsSummarySilver traded back near $69 after last week’s slide pushed the market into a more fragile technical position.Brent crude fell sharply on Monday, softening part of the inflation shock that had hurt metals.The Fed stayed at 3.50-3.75%, but slightly calmer yields helped silver recover some ground. Dragon Claws/iStock via Getty Images By Ezequiel Gomes ​Silver (XAGUSD:CUR) advanced on Monday, March 23, with spot prices rebounding toward $69 after last week’s deep selloff left the market stretched and vulnerable to a snapback. The move came as crude oil pulledThis article was written byTraders Union720 FollowersFollowTraders Union is a leading financial portal dedicated to empowering traders and investors with essential information to maximize their success in the financial markets. Its mission is to create a trusted platform where users can easily access comprehensive details about the top brokerage firms offering the most favorable and seamless trading conditions. Founded in 2010, Traders Union was built on the idea of providing thorough and unbiased reviews of international forex brokers, along with high-quality content covering global trading and investment trends. Traders Union saves time and effort by making the process of selecting a reliable broker hassle-free. With the Traders Union Broker Rating, users have all the data needed to make well-informed decisions, eliminating the need for endless research and review reading.