Silver price remains range-bound as the US bond yields rebound from Friday’s intraday low. In the new week, the focus will be on manufacturing PMIs from various countries.
Silver price: Key levels to watch with Powell’s Testimony in focus
Silver price is trading sideways for the second consecutive session ahead of Powell’s testimony before the US Congress. The Fed Chair has maintained that price pressures are transitory.
Silver price is trading lower ahead of the US ADP employment report and the initial jobless claims data. It may trade on a tight range in the near term.
