Silver prices are currently experiencing a slight decline amid cautious market movements. The weakening of the white metal occurred due to a slight strengthening of the US dollar, while investors await the minutes of the July FOMC meeting and Fed Chair Jerome Powell's speech at the Jackson Hole symposium this week for clues on the direction of future interest rate policy.
Global risk-off sentiment is also holding back silver's gains, although the metal remains viewed as a safe-haven asset. Price movements are expected to remain limited until clearer monetary policy signals emerge.
Source: Newsmaker.id
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