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Silver Price Forecast: XAG/USD Recovers Strongly From $29.00 On Sluggish US Retail Sales

By: TalkMarkets

June 18, 2024 at 11:41 AM EDT

Silver price rebounds strongly from $29.00 as slower US Retail Sales growth weighs on the US Dollar and bond yields. Sluggish US Retail Sales growth has prompted Fed rate-cut bets for September. US households cut spending on discretionary items.

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Silver Price Forecast: XAG/USD Recovers Strongly From $29.00 On Sluggish US Retail Sales

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