Silver (XAG) Forecast: Market Holds Ground with Eyes on PCE and Central Bank Commentary
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Silver prices are holding support near key technical levels, with market attention focused on the upcoming February PCE index report and potential Fed commentary. The market remains cautiously bullish, with support around $32-$33 and potential upside if prices break above $34.24.
March 24, 2025 | 12:00 pm
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Silver is trading around $33.15, holding above critical support levels and awaiting Friday's PCE inflation report which could influence rate cut expectations.
The article directly discusses silver market dynamics, with focus on technical levels, upcoming economic data, and potential market movements.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100