Silver Price Forecast: XAG/USD Nosedives Below $30 As Strong US NFP Report Boosts US Yields
June 07, 2024 at 11:50 AM EDT
Silver price drops vertically below $30.00 as US yields soar after upbeat US NFP report for May. Both job and wage growth beat estimates. Pause in PBoC’s gold-buying also weighed on the Silver price.
