Silver Price Forecast: XAG/USD Slips Toward $68.00 as Fed Rate Hike Expectations Intensify
Silver prices edged lower during Tuesday’s trading session, with XAG/USD hovering near the $68.00 mark as market participants increasingly priced in the likelihood of further interest rate hikes by the Federal Reserve. The precious metal, which has been under pressure from a strengthening US dollar and rising bond yields, now faces a critical technical test at this key support level.