Silver (XAG/USD) experienced a downturn on Tuesday, trading at approximately $57.50, reflecting a decline of 0.70% for the day. This pullback follows a robust upward movement on Monday, as traders engage in profit-taking ahead of crucial U.S. macroeconomic data releases anticipated later this week.
The easing of silver prices highlights the cautious sentiment among market participants, who are adjusting their positions in response to upcoming economic indicators. As the U.S. dollar's performance continues to influence the broader forex landscape, investors are particularly attentive to how these data points might affect the exchange rate dynamics for both silver and other currency pairs.
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Data Source: FX Killer Analysis Team Updated: 2025-12-02 17:46
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.