The XAG/USD slid below $21.80 on reaction to the US Consumer Price Index (CPI) inflation reading, kicking Silver prices back into the day's lows and s
Spot Silver takes a knee after the US CPI inflation reading mangles investor risk appetite for Thursday. Risk appetite has soured and Silver's meager gains for Thursday have evaporated. Investors will be keeping an eye out for changes to the Fed's dot plot moving forward. ending bids down 2.2% from today's highs near $22.24. US CPI inflation holds steady at 3.7% in September vs. 3.
14, and remains in the red from 2023's opening bids of $24.00. The last swing high on the daily candlesticks into $23.75 saw Silver shed the 200-day SMA and mark in a low of $20.68 for the year. Thursday's bearish candle could see XAG/USD spark another bear run off of the descending trendline from late August's tops near $25.00. XAG/USD Daily Chart XAG/USD Technical Levels XAG/USD Overview Today last price 21.84 Today Daily Change -0.19 Today Daily Change % -0.86 Today daily open 22.
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